Decline Follows July’s Elevated Volume, However Highways Rose 7 percent, Bridges 9 Percent. By Mark S. Kuhar
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July Construction Rises; Highways Down
New Construction Starts Climbed 6 Percent, But Highway Work Took An Alarming Hit. By Mark S. Kuhar
Read MoreJuly Construction Rises; Highways Down
New construction starts in July climbed 6 percent to a seasonally adjusted annual rate of $588.8 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building continued to advance, supported by yet another robust month for manufacturing plant projects as well as improvement for commercial building.
Read MoreApril Construction Advances 3 Percent
Highway Work Dropped 23 Percent while Bridge Construction Fell 43 Percent. By Mark S. Kuhar
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