Construction sector performance

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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FILE - In this Nov. 10, 2017, file photo, Dustin Brinkerhoff, owner of Brinkerhoff Custom Construction, walks with boards to put in place as a temporary safety guard rail at a worksite of a future home in Mapleton, Utah. On Monday, Dec. 18, 2017, the National Association of Home Builders/Wells Fargo releases its December index of builder sentiment. (Isaac Hale/The Daily Herald via AP, File)
December 18, 2017 - 10:44 am
WASHINGTON (AP) — U.S. homebuilders are feeling more optimistic than they have in nearly two decades. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose five points to 74 this month. That's the highest reading since July of 1999, more than 18 years...
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December 01, 2017 - 10:05 am
WASHINGTON (AP) — U.S. construction spending surged 1.4 percent in October, the best gain in five months, with all major categories of building posting gains. The Commerce Department says the October spending increase was the third monthly gain after more modest advances of 0.3 percent in September...
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November 27, 2017 - 10:07 am
WASHINGTON (AP) — Americans bought new homes in October at the fastest pace in a decade — a 6.2 percent monthly increase that reflects both the underlying strength of the economy and the worsening shortage of existing homes for sale. The Commerce Department says new-home sales last month rose to a...
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FILE - In this Wednesday, May 18, 2016, file photo, an American flag flies over a Home Depot store location in Bellingham, Mass. The Home Depot Inc. reports financial results on Tuesday, Nov. 14, 2017. (AP Photo/Steven Senne, File)
November 14, 2017 - 8:19 am
ATLANTA (AP) — Home Depot beat Wall Street expectations for the third quarter thanks in part to natural disasters that skewed economic growth and hiring in North America. The Atlanta home improvement retailer is one of the inadvertent winners in the aftermath of Harvey and Irma, massive storms that...
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This Wednesday, Sept. 6, 2017, photo shows a new home for sale in a housing development in Raeford, N.C. On Wednesday, Oct. 25, 2017, the Commerce Department reports on sales of new homes in September. (AP Photo/Swayne B. Hall)
October 25, 2017 - 10:34 am
WASHINGTON (AP) — Sales of new U.S. homes jumped last month to the highest level since October 2007, a sign that Americans — unable to find existing homes — are turning to new construction. Damage from last month's hurricanes may have also inflated the data. New home sales leapt 18.9 percent in...
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