November construction starts jump 35 percent from October
from Reed Construction Data
Reed Construction Data announced recently that the year-to-date value of construction starts through November, excluding residential contracts, totaled $241.5 billion, 1.0 percent less than during the same months in 2009. Individual month of November starts were 35 percent above October and 13 percent above last November. November is a seasonally weak month for construction starts. Only February is weaker. So the November starts surge is much stronger than the nominal 35 percent gain.
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