24
Jul
16:51
High interest rates constrain US construction starts: Dodge
The dollar value of June US non-residential building starts was down 13% year-on-year to a seasonally adjusted annual rate of $359 billion, Kallanish discovers in the latest industry data gathered by Dodge Construction Network.
Elevated interest rates remain a factor weighing on non-residential building activity.
“The construction market remains sluggish as high interest rates continue to reverberate through the sector,” says Richard Branch, chief eco…
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Anonymous
Very good overview of the weekly steel market.
Anonymous