Economics Markets Slip 2% in 2011

摘要

Total construction starts last year slipped 2 % to $421.4 billion, following the slight 1% gain in 2010, according to McGraw-Hill Construction. "After the steep declines reported during the 2007-2009 period, when activity dropped a combined 38%, new construction starts have essentially stabilized at a low level during the past two years," says MHC's chief economist, Robert Murray.