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Nonbuilding construction in June plummeted 24% to $145.7 billion (annual rate), reversing the 24% jump that had been reported in May. The public works categories as a group fell 27% in June, pulled down by a 65% plunge for miscellaneous public works which includes oil and natural gas pipelines.
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The value of new construction starts in April fell 13% from the previous month to a seasonally adjusted annual rate of $674.3 billion, according to Dodge Data & Analytics. The decline follows the 11% gain reported for March, which was the highest level of construction starts over the preceding six months.
October Construction starts fall 9 percent New construction starts in october dropped 9 percent to a seasonally adjusted annual rate of $742.9 billion, pulling back after a 14 percent jump in September, according to Dodge Data & Analytics.
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New construction starts in October dropped 9% to a seasonally adjusted annual rate of $742.9 billion, pulling back after a 14% jump in September, according to Dodge Data & Analytics.
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New US home construction fell sharply in June, and building permits also dropped, official data showed in a report signalling persistent weakness in the housing market. housing starts dived 9.3%.
7/17/19 – With this release, unadjusted estimates of housing units authorized by building permits for January through December 2018 have been revised. Also, seasonally adjusted estimates of housing units authorized by building permits have been revised back to January 2013. All revised estimates are available on our website.
New construction starts in October dropped 9 percent to a seasonally adjusted annual rate of $742.9 billion, reports Dodge Data & Analytics.. October’s data also lowered the Dodge Index to 157, compared with a revised 173 for September, which was the highest reading so far in 2017.
Housing starts dropped 18.7% in November to a seasonally adjusted annual rate of 1.090 million from October’s upward-revised estimate of 1.340 million, the Commerce Department reported Friday.
NEW YORK, Nov. 21, 2017 /PRNewswire/ — New construction starts in October dropped 9% to a seasonally adjusted annual rate of $742.9 billion, pulling back. October Construction Starts Fall 9 Percent