Non-residential construction starts declined 6.9 percent from November to December in the U.S., according to a new report from construction data provider CMD. December’s new construction total, $22.2 billion, was 7 percent lower than December 2014. The retreat in construction starts was only slightly higher than the construction activity typical of November to December. However, compared to the five-year average for December from 2010 to 2014, starts increased 9.2 percent. Among the three major subcategories of non-residential construction, commercial and heavy engineering/civil activity decreased 4 and 6.2 percent respectively, but by far the most dramatic change from November to December … Read more