April Construction Starts Slip, Down 5% From 2012's Figures
New construction starts slipped 1% in April, settling back to a seasonally adjusted annual rate of $475 billion, according to McGraw Hill Construction's latest Dodge starts data. Through the first four months of 2013, construction starts were down 5% overall from 2012, including a 33% drop in new starts for non-building construction and an 8% decline in non-residential building starts.