Residential construction

In this March 18, 2020 photo, Construction continues at a housing plan in Zelienople, Pa., The housing market has stalled, but homebuilder stocks are up sharply amid signs that sales are starting to improve. Still, the outlook for a housing market recovery remains cloudy, given uncertainty over the pandemic's impact. (AP Photo/Keith Srakocic)
May 21, 2020 - 2:01 pm
LOS ANGELES (AP) — The U.S. economy and housing market had set homebuilders up for a strong 2020. That was before the efforts to stem the spread of the coronavirus pandemic knocked the economy into a skid, dimmed consumer confidence and left a record number of Americans unemployed. The housing...
Read More
A woman wearing a protective mask walks past a closed children's clothing store in the Hispanic, Little Village in Chicago, Wednesday, April 15, 2020. The first U.S. economic indicators to capture the devastation brought on by the pandemic have begun to arrive, showing a plunge in retail sales exceeding what happened during the economic crisis a decade ago. (AP Photo/Charles Rex Arbogast)
April 15, 2020 - 6:53 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the global economy, the work place and the spread of the virus. ________________________ NUMBERS TELL A GRIM STORY: Data just emerging paints a...
Read More
FILE - In this Sept. 3, 2019, file photo a for sale sign, left, rests in front of a newly constructed home, in Norwood, Mass. On Wednesday, Feb. 19, 2020, the Commerce Department reports on U.S. home construction in January. (AP Photo/Steven Senne, File)
February 19, 2020 - 11:56 am
WASHINGTON (AP) — Construction of new homes edged back slightly in January after a December surge that had pushed home construction to the highest level in 13 years. The Commerce Department reported Wednesday that builders started construction on 1.57 million homes at a seasonally adjusted annual...
Read More
FILE - In this Jan. 10, 2020, file photo trader Gregory Rowe works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 17 (AP Photo/Richard Drew, File)
January 17, 2020 - 4:11 pm
Solid gains in technology and communications stocks pushed major U.S. indexes to more record highs on Wall Street Friday. Chipmaker Qualcomm jumped 4.5% and Google parent company Alphabet rose 2%. Banks also did well, driven by strong results from State Street and Citizens Financial. That came a...
Read More
FILE - In this Oct. 2, 2019, file photo, a carpenter works on a construction site in North Andover, Mass. On Friday, Jan. 17, 2020, the Commerce Department reports on U.S. home construction in December. (AP Photo/Elise Amendola, File)
January 17, 2020 - 8:34 am
WASHINGTON (AP) — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry. The Commerce Department reported Friday that builders started construction on...
Read More
FILE - In this Sept. 3, 2019, file photo a sign rests near a piece of earth-moving equipment, left, on a plot of land, in Westwood, Mass. On Tuesday, Dec. 17, the Commerce Department reports on U.S. home construction in November. (AP Photo/Steven Senne, File)
December 17, 2019 - 8:35 am
WASHINGTON (AP) — Construction of new homes rose again in November while applications for building permits rose to the highest level in 12 years, both encouraging signs of a rebound in the housing market. The Commerce Department said Tuesday that builders started construction on a seasonally...
Read More
November 21, 2019 - 10:14 am
WASHINGTON (AP) — Americans purchased more homes in October, though sales were held back by a shortage of available properties. The National Association of Realtors said Thursday that sales of existing homes rose 1.9% last month to a seasonally adjusted annual rate of 5.46 million. That’s 4.6%...
Read More
In this Tuesday, Sept. 3, 2019 photo a sign rests in front of a newly constructed home, in Westwood, Mass. On Wednesday, Sept. 18, the Commerce Department reports on U.S. home construction in August. (AP Photo/Steven Senne)
September 18, 2019 - 9:37 am
WASHINGTON (AP) — The pace of U.S. home construction jumped 12.3% last month to a 12-year high on a surge in apartment building. The Commerce Department said Wednesday that housing starts came in at a seasonally adjusted annual rate of 1.36 million, the most since June 2007 and up from a revised 1...
Read More
FILE - In this June 13, 2019, file photo stacks of building materials are stacked up near new home under construction in Mechanicsville, Va. On Friday, Aug. 23, the Commerce Department reports on sales of new homes in July. (AP Photo/Steve Helber, File)
August 23, 2019 - 10:32 am
WASHINGTON (AP) — Sales of new U.S. homes fell a steep 12.8% in July as higher prices and limited inventory sidelined would-be buyers. The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 635,000 units. That's down from a sharply revised upward rate of 728...
Read More
FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 4:56 pm
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy...
Read More

Pages