New Construction Starts Show Ups and Downs in July
- Published: Monday, 31 August 2015 17:45
- Written by Administrator
At a seasonally adjusted annual rate of $629.4 billion, new construction starts in July were essentially unchanged from June’s pace, according to Dodge Data & Analytics. By major sector, nonresidential building showed slight improvement following its lackluster June performance, while residential building maintained the strengthening trend witnessed over the past several months.