US construction sector remains steady

Dec 09, 2005 | 06:08 AM |

The value of new construction contracts was essentially unchanged in October at a seasonally adjusted annual rate of $668.5 billion, with gains by nonresidential construction and nonbuilding construction (public works and utilities) offsetting a modest decline....





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What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


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