Winter-battered construction activity returns to projected levels
- Published: Tuesday, 29 April 2014 11:44
- Written by Concrete News
Source: McGraw Hill Construction, New York
New construction starts in March advanced 7 percent to a seasonally adjusted annual rate of $521.4 billion, based on measurements of three major sectors: 1) nonresidential building, which picked up the pace after its lackluster performance at the outset of this year; 2) nonbuilding construction, logging a moderate gain; and, residential building, which settled back as single-family housing remained sluggish.