The upheaval in the financial markets during September and October of 2008 has presented the construction industry with its most difficult environment since the early 1990s. Against this backdrop, forecasts of overall levels of construction starts in 2009 will slide another 7% to $515 billion, after the 12% decline in 2008. Purchase Full Report
Robert Murray's Monthly Report
September Construction Slides 7%
New construction starts in September fell 7% to a seasonally adjusted annual rate of $399.1 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies.
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