Sun, Apr 20, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Construction, Performance, Residential property Watch more

Residential growth drives US construction

Posted on 03 April 2013

Construction output in the US was up +7.9% in the 12 months to the end of February, according to data from the US Census Bureau. The rise to an annual output of US$ 885 billion was driven by a +19.2% rise in residential building, which stood at US$ 310 billion for the rolling 12 months to February.
In contrast to the sharp rise in residential construction, the non-residential sector was up just +2.6% compared to a year ago. There were strong rises in the lodging and office sectors, among others, but significant falls in construction linked to public safety, amusement and recreation and the sewage & waste disposal segments………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930