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New construction starts in August recede 2 percent as nonbuilding sector plummets

from ForConstructionPros.com

At a seasonally adjusted annual rate of $711.6 billion, new construction starts in August slipped 2 percent from July, according to Dodge Data & Analytics. The decline followed July’s 6 percent increase, yet still kept total construction activity 5 percent above the relatively subdued pace reported during the second quarter. more


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