Construction starts rise but nonresidential lags

Sep 20, 2013 | 05:29 PM | Frank Haflich

Tags  construction starts, steel, nonresidential construction, Robert Murray, McGraw Hill, structural sections, steel plate, structural pipe and tubing Frank Haflich

LOS ANGELES — U.S. construction starts moved up in August, but one sector considered crucial to steel consumption—nonresidential construction—fell.

Starts last month rose 2 percent over July to a seasonally adjusted annual rate of $490.2 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial Inc., New York.....

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