September construction slides 9 percent

Drake, Bob
December 2007
Pit & Quarry;Dec2007, Vol. 100 Issue 6, p84
Trade Publication
The article reports that the number of new constructions in the U.S. declined by nine percent in September 2007. According to McGraw-Hill Construction, the nine percent decline slumped the seasonally adjusted annual rate to $573.5 bill. Nonbuilding construction and nonresidential building were noted to be the most affected sectors, while residential building managed to move up slightly.


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