A decline in monthly non-building construction projects drove down total construction starts in the US during August, after contractors broke ground on three major liquified natural gas (LNG) in the prior month. Kallanish understands that, excluding the skew in data caused by these LNG projects, US non-building construction starts would be up by 27% above the prior month's levels.
Total construction starts fell by 9% during August to a seasonally adj…
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