Pleasant Grove Review | 1951-09-28 | Page 6 | Private Home Building Drops in August

HOME CONSTRUCTION Private Home Building Drops in August The commerce and labor departments depart-ments reported last week that private pri-vate home building in August dropped drop-ped one-third below August of last year and commercial building fell 6 per cent under its 1950 pace. The August private home construction also fell 2 per cent below July. The reduction in building activities activi-ties was believed directly due to restrictions on mortgage lending and on use of essential materials in construction work. While home building fell, construction con-struction of military facilities, industrial in-dustrial plants, electric power projects pro-jects and other defense supporting facilities continued at an increasing increas-ing pace. This type of construction continued as rapidly as structural steel, copper and other materials were made available.