Handyman Insurance, October Construction Falls 14 Percent Nationwide
Friday, Feb. 22nd 2013 11:30 AM
The value of new construction starts retreated 14% in October to a seasonally adjusted annual rate of $434.9 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Cos. Much of the decline was due to a sharp pullback by the electric power and gas plant category after a robust September.
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