New construction starts in December slipped 5 percent to a seasonally adjusted annual rate of $613.0 billion, according to Dodge Data & Analytics. The latest month’s decline for total construction was due to sharply reduced activity for the nonbuilding construction sector, as nonresidential building in December held steady with its November pace, and residential building was […]

New construction starts in March totaled $660.5 million, receding 1 percent from February’s pace, according to Dodge Data & Analytics. However, nonresidential starts climbed 23 percent to $228.1 billion, strengthening for the second month in a row after February’s 5-percent gain.