August Construction Declines; Highways Move Up
- Published: Sunday, 21 September 2014 14:39
- Written by Rock Products News
At a seasonally adjusted annual rate of $540.6 billion, new construction starts in August dropped 9 percent, according to McGraw Hill Construction, a division of McGraw Hill Financial. The decline followed July’s elevated volume, the strongest so far in 2014, and brought activity back to the average pace reported during the first seven months of this year.