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Jun 24

Construction Climbs!

Good news to get us going for the week!

May Construction Climbs 5 Percent

NEW YORK, June 20, 2013 /PRNewswire via COMTEX/ — At a seasonally adjusted annual rate of $495.7 billion, new construction starts in May advanced 5% from the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. Much of the upward lift came from nonresidential building, which registered moderate growth for the second month in a row after its sluggish performance at the outset of 2013.

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