Construction starts in February drop 3 percent
Construction starts in February drop 3 percent
Public works and housing retreat, while nonresidential building stabilizes
NEW YORK – March 21, 2019 – At a seasonally adjusted annual rate of $697.4 billion, new construction starts in February dropped 3 percent from the previous month, according to Dodge Data & Analytics. The February decline returned construction starts to the downward path that emerged during the closing months of 2018.
Two…
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