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Builders 'cautiously optimistic' despite slow growth

from By Michael J. Berens

Hopes that momentum from last fall's burst of building activity would carry forward into 2016 have faded following a lackluster first quarter. Figures from March reveal an industry holding steady in the face of economic uncertainty and weak consumer confidence, neither advancing nor receding substantially. Nonetheless, builders and industry experts remain fairly optimistic that better days lie ahead. Some sectors fared better than others, but construction activity in March remained tepid. more

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