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18 Jun
17:38

Construction starts decline in May

US construction starts continued to decline in May with starts falling 1% from the prior month, Kallanish learns from a recent analysis by Dodge Data & Analytics. Total US construction starts fell by 1% in May to a seasonally adjusted annual rate of $902.8 billion from a rate of $910.9 billion in April. The monthly decline in May was attributable to the residential building sector, for which construction starts fell, on a seasonally adjusted annual r…
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