Tag Archives: Robert A. Murray

Multifamily Construction Continues to Cast Shadow over Single-Family Homes

As the construction industry continues its recovery, the single-family and multifamily housing sectors have been in a battle. Because of certain economic and sociological conditions, multifamily has gotten the best of the fight so far. Dodge Data & Analytics released … Continue reading

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Nonresidential Building Declines Sharply in August

New construction starts in August dropped 9 percent at a seasonally adjusted annual rate of $540.6 billion, according to McGraw Hill Construction. The decline followed July’s elevated volume, the strongest so far in 2014, and brought activity back to the average … Continue reading

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Nonresidential Building Starts Dip in May After Jump in April

The upward momentum of construction activity created in March and April saw a slight dip in May. McGraw Hill Construction chief economist Robert A. Murray says that’s no reason to panic. Nonresidential building starts in May fell five percent to … Continue reading

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August Construction Rises Two Percent

At a seasonally adjusted annual rate of $490.2 billion, new construction starts in August advanced two percent relative to July, according to McGraw Hill Construction, a division of McGraw Hill Financial. Residential building stayed on the upward track, while nonresidential … Continue reading

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