Construction Starts Increase in March
Abstract:
Reed Construction Data (RCD) announced today that the year-to-date value of construction starts through March 2008, excluding residential contracts, totaled $62.370 billion, 6.6% less than in the same period last year, but 36% higher than the February total. The March gain was entirely for non-residential buildings. Commercial starts doubled and institutional starts rose 19%.
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Reed Construction Data (RCD) announced today that the year-to-date value of construction starts through March 2008, excluding residential contracts, totaled $62.370 billion, 6.6% less than in the same period last year, but 36% higher than the February total. The March gain was entirely for non-residential buildings. Commercial starts doubled and institutional starts rose 19%.