- Published: Wednesday, 29 July 2015 19:46
- Written by Mark Kuhar
Nonresidential building, at $190.6 billion (annual rate), retreated 8 percent in June, as weaker activity was reported for the majority of the structure types. The commercial building group fell 13 percent following its 17 percent increase in May. Both stores and warehouses weakened in June, dropping 9 percent and 53 percent respectively, while hotel construction slipped 11 percent from its heightened May amount.