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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