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21 Jul
21:38

Non-residential construction starts retract in US

Construction starts in the US plummeted in June, erasing a 4% gain in monthly starts during May, Kallanish learns from an analysis by Dodge Data and Analytics. Total construction starts fell by 5% in June to a seasonally adjusted annual rate of $932.3 billion, with slowdowns in both the non-residential and residential building construction sectors. Non-residential building starts fell by 14% during June, while residential building starts fell by 6% from …
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