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PSMJ Resources Blog: MHC says starts rise in August; housing is.

PSMJ Resources

New construction starts in August advanced 8%,” McGraw-Hill Construction (MHC) reported on Wednesday, based on data it compiled. For the first eight months of 2011, total construction on an unadjusted basis was…down 6% from the same period a year ago.” The outlook for retail construction remains bleak.