Positive Signs Start To Pop Up in Market Statistics
In May, the dollar value of total construction starts rose 3%, according to McGraw-Hill Construction’s latest report on construction activity.
Three percent may not be a remarkable number, but it is notable that most of the gain came in the previously moribund non-residential building market. The sector rose 19% from the previous month but is now down 16% from the five-month cumulative total of last year.