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60 Minutes Attacks Infrastructure Failures

In a scathing report on America's infrastructure, the venerable CBS News program 60 Minutes, as part of its Sunday, Nov. 23 broadcast, illustrated in the gravest terms the dire conditions of America's roads and bridges – and indicted congressional inaction on this major issue.

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October Construction Backs Off

The value of new construction starts settled back 4 percent in October to a seasonally adjusted annual rate of $589.8 billion, according to Dodge Data & Analytics (formerly McGraw Hill Construction). The decline followed the 10 percent increase reported in September, which was the strongest month for total construction starts so far in 2014.

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Single-Family Housing Up Again in October

Single-family housing production in October reached its highest level since November 2013 while the more volatile multifamily sector brought combined nationwide starts activity down 2.8 percent to a seasonally adjusted annual rate of 1.009 million units, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

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