Construction Starts Up in June

According to Reed Construction Data, the value of June construction starts rose almost three percent from May, higher than the typical seasonal gain.  Year to date values are up 13 percent from 2009 starts in the same time period.  Values have been steady for four months and are almost 50 percent above the June 2009 low point, but are still 25 percent below the peak.  Starts are exepected to remain stable over the next few months and rise at the end of this year.  For more on June's construction starts from Reed Construction Data, please click here.