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MAY CONSTRUCTION CONTRACTS DROP 26 PERCENT FROM YEAR AGO

May contracts for future construction in Utah decreased 26 percent to $173.9 million from $235.1 million for the same month a year ago, according to the F.W. Dodge Division of McGraw Hill Inc., the company that produces Dodge Reports and Sweet's Catalog Files.

Company officials saidnon-residential contracts in May increased 49 percent from $40.5 million to $60.2 million; residential contracts increased 35 percent from $54 millon to $73.2 million and non-building contracts decreased 71 percent from $140.5 million to $40.4 million.In the first five months of 1990, the report said, total construction contracts decreased 1 percent from $595.7 million to $589.3 million.

Non-residential contracts increased 15 percent from $187.1 million to $215.9 million; residential contracts increased 24 percent from $209.7 million to $260.5 million; and non-building contracts decreased 43 percent from $198.8 million to $112.9 million.