Nonbuilding Construction 119,075 Despite June and July having the lowest rates of construction since 2014, a chief economist from construction analysis firm Dodge Data and Analytics, has stated that this is merely a sign of a steadying US construction market which is now operating at a more sustainable pace than in previous months. The latest data also shows that new home sales rose to their highest level on record last month, with an increase of just over 10,000 units compared to June.
Despite June and July having the lowest rates of construction since 2014, a chief economist from construction analysis firm Dodge Data and Analytics, has stated that this is merely a sign of a steadying US construction market which is now operating at a more sustainable pace than in previous months. The latest data also shows that new home sales rose to their highest level on record last month, with an increase of just over 10,000 units compared to June.