Construction Industry Continues Astounding 4th Straight Month of Decline

Construction, whether it be commercial or residential or both, is usually correlated with strong economic growth and GDP numbers and the corresponding increase in Foreign Direct Investment(FDI), you would be right to assume that there would be an abundance of property and residential home construction taking place. That doesn’t seem to be the case. Investment in residential construction declined for the fourth straight month, falling 4.5% to $12.1 billion in June. Investment in non-residential construction edged down 0.2% to $5.9...