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Non-residential building starts surged in the US during May, driving up overall construction starts, Kallanish learns from an analysis by Dodge Data and Analytics. Total construction starts rose by 4% during May to a seasonally adjusted annual rate of $979.5 billion, with gains being attributable to the non-residential building sector. Non-residential building starts rose by 20% during the month of May, to a seasonally adjusted annual rate of $355.1 bill…
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