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Real Estate
Aug. 19, 2003
State Building Volume Declines 1.2 Percent in June
California's statewide construction activity for June totaled $6.2 billion, down 1.2 percent - the first decline in 2003 after five consecutive monthly increases, according to the Construction Industry Research Board.
The research board attributes the decline to economic uncertainties caused by the state budget crisis.
For June, all construction sectors were down except for heavy civil works construction. A $177.9 million freeway and bridge proje...