New construction starts reached $433.9 billion in August, up 8% from July, reports McGraw-Hill Construction. After declines in the previous three months, the August pickup was the result of greater activity in nonresidential building, residential building, and nonbuilding construction. During the first eight months of 2012, total construction starts were $304.5 billion or 3% more than a year ago. For the full report, CLICK HERE.
