Construction Starts Swell 34% in May
Total construction starts improved 34.1% in May to a seasonally adjusted annual rate of $1.78 trillion, according to Dodge Construction Network. Nonresidential building starts grew by 17.8%, nonbuilding starts increased 91.9%, and residential starts fell 2.1% over the month.
The post Construction Starts Swell 34% in May appeared first on Dodge Construction Network.
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.