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South Florida construction contracts rise 132 percent in May

July 02, 2012 12:45PM

Contracts for future construction in South Florida increased by 132 percent in May. Data from McGraw-Hill Construction showed a total of $486.3 million in building for future contracts in May 2012, up from $209.8 million in May 2011. The surge was led by residential construction, which increased by a whopping 183 percent compared to May 2011. — Alexander Britell