Construction in 1924

Building booms come less often than booms in other industries, but when they do they are apt to last longer. The prospects for building in 1924, estimated by the Dow Service, are $600,000,000 for New York City and $6,000,000,000 for the nation—both of them new high records.

In 1922 New York construction aggregated $523,000,000; this year would have probably seen a total of $560,000,000 by this time had it not been for the "buyers' strike" from May to August. Next year's construction will include work deferred from this...

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