A 26.2 percent slowdown in multifamily starts contributed to an overall 9.9 percent decline in housing starts in June, though the total is still up 10.4 percent from a year ago.
NBMDA Welcomes New Members
Small businesses benefit from access to regular legislative updates through NBMDA's affiliation with the Small Business Legislative Council (SBLC).
The global market for green construction materials is expected to grow from this year's peak of $116 billion to more than $254 billion by 2020, according to a report from Navigant Research.
The average cost of materials used by the construction industry fell 0.1 percent in June, but climbed 1.5 percent compared with June 2012, according to the Associated General Contractors of America's analysis of data from the U.S. Bureau of Labor Statistics.