Construction sector performance

February 16, 2018 - 8:31 am
WASHINGTON (AP) — Groundbreakings on new homes jumped 9.7 percent last month to the highest level since October 2016, welcome news for a housing market struggling with a shortage of homes for sale. The Commerce Department says housing starts came in at an annual pace of 1.33 million in January, up...
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This Monday, July 17, 2017, photo, shows a partial view of construction underway in downtown Miami. On Thursday, Feb. 1, 2018, the Commerce Department reports on U.S. construction spending in December. (AP Photo/Alan Diaz)
February 01, 2018 - 10:23 am
WASHINGTON (AP) — U.S. builders pushed construction spending up 0.7 percent in December to a record high. It was the fifth consecutive monthly gain with all major sectors showing modest increases. The December increase followed a 0.6 percent rise in November, the Commerce Department reported...
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This Monday, Jan. 8, 2018, photo, shows an existing home for sale in Walpole, Mass. On Tuesday, Jan. 30, 2018, the Standard & Poor's/Case-Shiller 20-city home price index for November is released. (AP Photo/Steven Senne)
January 30, 2018 - 9:21 am
WASHINGTON (AP) — U.S. home prices rose a sharply in November, lifted by a shortage of homes on the market. Standard & Poor's said Tuesday that its S&P CoreLogic Case-Shiller national home price index increased 6.2 percent in November from a year earlier after climbing 6.1 percent in...
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In this Friday, Oct. 6, 2017, photo, workers build an apartment and retail complex in Nashville, Tenn. On Friday, Jan. 26, 2018, the Commerce Department issues the first estimate of how the U.S. economy performed in the October-December quarter. (AP Photo/Mark Humphrey)
January 26, 2018 - 3:36 pm
WASHINGTON (AP) — The U.S. economy grew at a solid rate of 2.6 percent in the final three months of last year, helped by the fastest consumer spending since the spring of 2016 and a big rebound in home construction. The fourth quarter advance in the gross domestic product, the country's total...
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Trader Robert Oswald, center, works on the floor of the New York Stock Exchange, Thursday, Jan. 25, 2018. Stocks are opening broadly higher as technology companies recover after sliding a day earlier. (AP Photo/Richard Drew)
January 25, 2018 - 3:46 pm
NEW YORK (AP) — U.S. stocks are mostly lower Thursday afternoon as homebuilders fall after the Commerce Department said sales of new homes dropped sharply in December. Airlines continue to take steep losses as investors worry about rising costs and the possibility of falling fares. Retailers are...
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January 25, 2018 - 10:08 am
WASHINGTON (AP) — Americans cut back their purchases of new homes in December as sales fell from November's 10-year high. The Commerce Department says new-home sales skidded 9.3 percent last month to a seasonally adjusted annual rate of 625,000. It was the biggest drop since August 2016. November...
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In this Monday, Oct. 2, 2017, photo, construction continues on a high-rise condominium project in Miami. On Thursday, Jan. 18, 2018, the Commerce Department reports on U.S. home construction in December. (AP Photo/Alan Diaz)
January 18, 2018 - 9:54 am
WASHINGTON (AP) — Groundbreakings on new homes fell 8.2 percent in December, with builders ending 2017 by slowing down their construction of single-family houses. The Commerce Department said Thursday that the monthly decline put U.S. housing starts at a seasonally adjusted annual rate of 1.19...
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In this Friday, Oct. 6, 2017, photo, workers build an apartment and retail complex in Nashville, Tenn. On Wednesday, Jan. 3, 2018, the Commerce Department reports on U.S. construction spending in November. (AP Photo/Mark Humphrey)
January 03, 2018 - 10:57 am
WASHINGTON (AP) — U.S. builders spent 0.8 percent more on construction projects in November, the fourth consecutive monthly gain. November advance follows October's revised 0.9 percent gain, the Commerce Department said Wednesday. The increase brought total construction spending for the month to a...
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In this Thursday, June 1, 2017, photo, builders work on the roof of a home under construction at a housing plan in Jackson Township, Butler County, Pa. On Friday, Dec. 22, 2017, the Commerce Department reports on sales of new homes in November. (AP Photo/Keith Srakocic)
December 22, 2017 - 10:41 am
WASHINGTON (AP) — Americans stepped up their purchases of new homes at the fastest pace in more than 25 years in November, with sales skyrocketing 17.5 percent amid robust demand and a continued shortage of existing homes on the market. New home sales last month jumped to a seasonally adjusted...
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In this Thursday, May 4, 2017, photo, construction workers work on the site of an apartment high-rise in Miami. On Tuesday, Dec. 19, 2017, the Commerce Department reports on the pace of U.S. home construction in November. (AP Photo/Alan Diaz)
December 19, 2017 - 8:44 am
WASHINGTON (AP) — Construction of new homes increased 3.3 percent in November — with the gain largely coming from single-family houses being built at the strongest pace in more than a decade. The Commerce Department said Tuesday that builders broke ground on homes last month at a seasonally...
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