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01 Dec
20:35

Utility-sector weakness drives down US construction starts

Total monthly construction starts in the US fell by 7% in October, according to the most recent industry data gathered by Dodge Construction Network. Kallanish understands that this decline was largely caused by a decreasing volume of utility/gas-related construction projects, which fell by 32% to a 12-month low in October. In contrast to non-building projects, the volume of monthly non-residential construction projects in the US increased by 8% in Octob…
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