Google Plus Facebook LinkedIn Twitter Vimeo RSS

U.S. construction starts up 3 percent in April

By

Nonresidential building and housing led the way as U.S. construction starts in April increased 3 percent to a seasonally adjusted annual rate of $533.7 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial.

The former increased 14 percent to $202.8 billion, while the latter grew 4 percent to $214.4 billion. The residential increase was the result of another gain for multifamily housing, which grew by 19 percent in April, according to McGraw Hill.

Nonbuilding construction, which would include public works and electric utilities, decreased 14 percent to $116.5 billion, according to McGraw Hill.

Jason Scott

Jason Scott

Jason Scott covers state government, real estate and construction, media and marketing, and Dauphin County. Have a tip or question for him? Email him at jasons@cpbj.com. Follow him on Twitter, @JScottJournal. Circle Jason Scott on .

Leave a Comment

test

Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy

Comments

close
Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!