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Construction planning drops 2 months in a row

May 8, 2023

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The commercial component, which includes offices, hotels, retail stores and warehouses, fell 8% in April, according to Dodge. The sluggish activity there caused the overall drop, according to the report.

On the other hand, growth in healthcare and amusement projects largely offset weak education planning in the institutional sector. That caused overall planning in the segment to slightly tick up 0.3% in April, according to the report.

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