Issue link: https://read.dmtmag.com/i/117828
30 ��� APRIL 2013 ��� WORLD FENCE NEWS LOGICAL DECISIONS, INC * 9, 6, & 11 GAUGE PREFORMED STEEL * 1 5/8 ���, 1 7/8���, 2 3/8���, 3���, & 4��� * CORRECTIONAL & MILITARY APPROVED * GALVANIZED, ALUMINIZED, VINYL COATED, & STAINLESS STEEL 800-676-5537 www.LDI.com 225-274-1115 Dodge Report reveals 12 percent retreat in construction starts for month of January NEW YORK, N.Y. ��� The value of new construction starts dropped 12% in January to a seasonally adjusted annual rate of $469.1 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. The decline followed a sharp 23% increase for total construction in December, and brought the level of contracting back to the average pace that was reported during 2012. Much of January���s downturn was due to decreased activity for nonresidential building and housing, while the nonbuilding construction sector (public works and electric utilities) held UNEXPECTED BENEFIT #8 HOW OUR WAYPOINT��� LOW VOLTAGE LIGHT PROGRAM ALLOWS FOR AFTERNOON FISHING OUR FEATURES: All lights connect to our junction box for a plug and play system LV wire runs between boxes, a simple section by section assembly We offer low voltage products to light any application Program offers matching caps and solar lights Junction Box YOUR BENEFIT: Selling our high-margin Waypoint��� low voltage lighting makes the boss happy, which allows you to take more a ternoons o to try shing. Once you see who s shing you decide it is a good idea to keep shing. And when you decide to keep shing you tell made up stories about fresh water cat sh. YOU DESERVE TO TELL STORIES ABOUT FRESH WATER CATFISH, NO MATTER HOW INACCURATE THEY ARE. Sell our high margin Waypoint��� low voltage lighting and get to the lake. Waymark�� Products Waymark Products, LLC. Always Right On The Mark.SM Toll Free: 877.652.6118 sales@waymarkproducts.com www.waymarkproducts.com 3851 Revere St, Denver, CO 80239 R close to its December volume. On an unadjusted basis, total construction starts in January were reported at $33.1 billion, up 11% from the same month a year ago. ���The pullback for construction starts in January was not surprising, given the up-and-down pattern that was present for much of 2012,��� stated Robert A. Murray, vice-president of economic affairs for McGraw-Hill Construction. ���The large increase in December followed two months of lackluster activity in October and November, and it���s likely that December benefitted from the start of projects that were earlier put on hold given the uncertain economic and political environment. ���Some of the uncertainty was eased by the January 1 agreement between the Obama Administration and Congress, which averted the fiscal cliff for the time being, as well as by the move by Congress to push back the debt ceiling deadline to May. However, the automatic spending cuts as part of the sequestration process and their implementation is likely to restrain the fragile economic expansion. The upward trend for housing is still expected to continue during 2013, along with modest improvement for commercial building, but this year���s prospects for institutional building and public works remain in doubt.��� Nonresidential building in January fell 20% to $150.6 billion (annual rate), retreating after the 33% jump that was reported in December. On the institutional side, the educational building category in January dropped 9%, following a brief upturn in December. Three large medical research facilities reached groundbreaking in January, located in Farmington, Conn. ($191 million), La Jolla, Calif. ($160 million), and Atlanta, Ga. ($85 million), but these were not enough to offset weaker activity for other education-related projects. Healthcare facilities in January plunged 35%, down from December which had been boosted by several large hospital projects, including a $615 million hospital expansion in Palo Alto, Calif. In contrast, the largest healthcare project included as a January start was a $52 million dental health facility in San Antonio, Tex. Most of the smaller institutional categories showed weaker activity in January, including declines for transportation terminals, down 54%; public buildings, down 39%; and churches, down 35%. The one continued on page 32

