Web Exclusive: Contracting For New Construction Climbs 3 Percent In June
The value of new construction starts advanced 3 percent to $446.8 million in June
New construction starts advanced 3 percent in June to a value of $446.8 billion, according to the F.W. Dodge Division of The McGraw-Hill Cos.
Nonresidential building rebounded 14 percent to $169.7 billion after a sluggish May. Stores and shopping centers were up 22 percent and warehouses were up 23 percent.