nonresidential building
June construction retreats 1 percent
New construction starts in June slipped 1 percent to a seasonally adjusted annual rate of $446.1 billion, according to McGraw-Hill Construction. After the elevated activity that McGraw-Hill reported during March and April, which reflected the lift coming from two nuclear… Keep Reading
Commercial building plans down in May
The Dodge Momentum Index, which measures first-reported nonresidential building projects at the planning stage, slipped 1.2 percent from April to May. The index now sits at 93.6. The decrease is the result of a divergent pattern for the two major… Keep Reading
