Issue link: https://read.dmtmag.com/i/79681
New construction starts in June slipped 1% to a seasonally adjusted annual rate of $446.1 billion, accord- ing to McGraw-Hill Construction, a division of The McGraw-Hill Compa- nies. 42 • SEPTEMBER 2012 • WORLD FENCE NEWS The Dodge Report New construction starts slip slightly in June After the elevated activity that was reported during March and April, which reflected the lift coming from two nuclear power projects, total con- struction in May and June returned to a level just slightly above the average monthly pace reported during the pre- vious year. June featured a moderate loss of momentum for nonresidential build- ing, after this sector's improved per- formance in May. At the same time, residential building in June maintained its gradual upward trend, while non- building construction was unchanged as the result of divergent behavior by its public works and electric utility segments. For the first six months of 2012, total construction starts on an unad- justed basis came in at $225 billion, up 4% from the same period a year ago. Proudly Providing These Quality Brands June's data produced a reading of 94 for the Dodge Index (2000=100), compared to a revised 95 for May. For all of 2011, the Index averaged 92. "The construction start statistics for the most part continue to hover within a set range, showing gains for some project types but further weak- ness for other project types," stated Robert A. Murray, vice-president of economic affairs for McGraw-Hill Construction. "Total construction ac- tivity had jumped in March and April, due primarily to the start of two mas- sive nuclear power projects – $8.5 bil- lion for work on Units 3 and 4 at the Vogtle nuclear power facility near Waynesboro, Ga. and another $8.5 bil- lion for work on Units 2 and 3 at the Virgil C. Summer nuclear power facil- ity near Jenkinsville, S.C. Aside from the lift coming from this year's nuclear E/Z SLIDE™ TRACK SYSTEM GATE KIT power projects, total construction ac- tivity during the first half of 2012 has basically shown a hesitant up-and- down pattern. "On the plus side, gains are being reported for several commercial build- ing categories, and the strengthening trend for multifamily housing is now being joined by moderate growth for single family housing," said Murray. "On the negative side, such institu- tional project types as educational buildings and healthcare facilities con- tinue to weaken, along with further de- clines for several public works continued on page 44 Logical Decisions, Inc. announces successful test of its "banana boat" crash barrier gate arm BATON ROUGE, La. — Logical Decisions, Inc. (www.LDI.com) an- nounced it recently successfully M30 crash tested its 22-foot (clear opening) barrier arm, the LDI-LA22, at Texas A&M University in College Station, Tex. 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