Construction starts decline 11% in November

Jan 02, 2014 | 02:52 PM | Frank Haflich

Tags  construction starts, McGraw Hill Construction, McGraw Hill Financial, Robert Murray, nonresidentiial construction, Frank Haflich

LOS ANGELES — The value of U.S. construction starts declined 11 percent in November from the previous month, led by a drop in nonresidential building.

The value of starts in November declined to a seasonally adjusted annual rate of $524.8 billion from $591.1 billion in October, offset only partially by a 1-percent rise in residential construction to $218.5 billion, according to the McGraw Hill Construction division of McGraw Hill Financial Inc., New York.....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results