January Construction Slides 13 Percent

HIGHWAY AND BRIDGE CONSTRUCTION FELL AS WINTER TEMPERATURES HIT HARD IN SOME PARTS OF THE COUNTY. By Mark S. Kuhar The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which…

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July Construction Recedes 2 Percent

By Mark S. Kuhar New Construction Starts In July Decreased 2 Percent, While Highway Construction Dropped 22 Percent. New construction starts in July decreased 2 percent to a seasonally adjusted annual rate of $479.1 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The nonbuilding construction sector, comprised of public works and electric utilities, pulled back in…

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