Three straight months of declines in new-home construction show U.S. homebuilding may weigh on second-quarter growth, Commerce Department data showed June 16.
June 16, 2017construction News Updates
Housing Starts Fell in March to a Four-Month Low
New-home construction in the United States cooled in March to a four-month low as starts of single-family properties settled back from the strongest pace in almost a decade, Commerce Department data showed April 18.
April 18, 2017°®¶¹´«Ã½builder Sentiment Cools From Almost 12-Year High
Confidence among U.S. home builders cooled in April after jumping a month earlier to the highest level since mid-2005, according to data released April 17 from the National Association of °®¶¹´«Ã½ Builders/Wells Fargo.
April 17, 2017Under Hood of US Construction Spending Is Government Pullback
Here’s one key takeaway from the Commerce Department’s report March 1 on U.S. construction spending in January. Outlays dropped 1% from the previous month (forecast was for 0.6% rise), the biggest drop since April, which will drag on first-quarter gross domestic product.
March 1, 2017Housing Starts Rose More Than Expected in December
Builders broke ground in December on more U.S. homes than forecast as a jump in apartment construction helped cap the seventh straight yearly increase, a report from the Commerce Department showed Jan. 19.
January 19, 2017°®¶¹´«Ã½ Starts Slumped in November After Outsize Advance
New-home construction in the U.S. fell more than forecast in November after surging a month earlier to a nine-year high, indicating fitful progress in residential real estate.
December 16, 2016Housing Starts Surged to a Nine-Year High in October
U.S. new-home construction jumped to a nine-year high in October as an outsize advance in the number of apartment projects accompanied a strong pickup for single-family housing.
November 17, 2016Construction Equipment Firm Terex Frets Over Possible Layoffs, Facility Closures
The CEO of Terex suggested Nov. 1 the company will see more layoffs, facility closures and business sales in the coming year as he works to simplify the heavy-equipment maker’s operations and position it for growth should the economy pick up steam.
November 2, 2016Under the Hood of US Construction Are Bigger Values Than in GDP
While total construction outlays unexpectedly dropped 0.4% in September, the values of nonresidential projects and home building used to calculate gross domestic product were higher than the Commerce Department assumed in its first estimate of third-quarter growth.
November 1, 2016Housing Starts Declined in August on Plunge in South
New U.S. home construction fell more than projected in August as a plunge in the South, the biggest region for building, more than offset gains in the rest of the country.
September 20, 2016Trending
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