November Construction Starts Higher
Reed Construction Data (RCD) announced today that the year-to-date value of construction starts through November 2009, excluding residential contracts, totaled $247.1 billion, 6.1% less than in the same period in 2008. Individual month of November starts were 7.0% higher than in October so the November total was more than a 20% increase after seasonal adjustment. November 2009 starts were about 8% higher than last November, says Reed Construction Data chief economist Jim Haughey.
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November Construction Starts Higher
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