March New Construction Starts Surge by 23%

Electric utility construction contributed to the 23% rise in new construction starts in March, according to McGraw-Hill Construction. Moderate improvements were noted for public works and housing starts, with momentum stalling for nonresidential building. Among the noteworthy projects that contributed to the sharp rise in starts are the $8.5 billion Vogtle reactor project in Georgia and five big wind-power projects in Kansas, Montana, Illinois, Oklahoma and Massachusetts.

Source: AGC SmartBrief e-newsletter for April 23 which contained this story from citybiz Real Estate: read more.

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