Construction Starts Dip, But Highways Rise
- Published: Friday, 20 December 2013 15:12
- Written by Mark Kuhar
At a seasonally adjusted annual rate of $524.8 billion, new construction starts in November fell 11 percent from the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed heightened activity in October, which showed the strongest pace for construction starts so far during 2013. Highway construction was up 9 percent.