Construction Starts Dip 1% in March; Highways Up

Total construction starts fell 1% in March to a seasonally adjusted annual rate of $1.06 trillion, according to Dodge Construction Network. Nonresidential building starts fell 9%, while nonbuilding starts improved by 7%, and residential starts moved 1% higher.  Highway and bridge starts rose 15%. On a year-to-date basis through March total construction starts were up 13% from the first three…

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