New construction starts to increase 3% this year, according to McGraw-Hill forecast

McGraw-Hill's Outlook Midyear Update predicts total construction starts for the U.S. will increase 2% this year to $445 billion, up from the $434 billion reported for 2011. While slightly better than the flat performance for 2012 construction starts predicted last fall, the updated forecast still portrays an industry struggling to gain upward momentum. Details