What to Know About the Government's Latest Construction Numbers
Here’s one key takeaway from the Commerce Department’s report Jan. 4 on U.S. construction spending: The 0.4% decrease in November, which itself was weaker than the most pessimistic Bloomberg News survey forecast, was accompanied by downward revisions to prior months.
Construction Spending Rises to Near Eight-Year High
U.S. construction spending rose more than expected in October as outlays increased across the board, suggesting the economy remains on firmer ground despite some slowing in consumer spending and persistent weakness in manufacturing.
Housing Starts Rise as Construction Underpins Economy
New-home construction in the United States climbed in September, a sign residential real estate will bolster the world’s largest economy.
October 20, 2015Homebuilder Confidence Reaches Decade High on US Sales Outlook
Confidence among U.S. homebuilders climbed in October to a 10-year high, a sign demand for housing may remain solid in the months to come.
October 19, 2015Construction Spending Rises 1.1%
Construction spending rose 1.1% in October, the Commerce Department reported Dec. 2.
December 2, 2014Construction Spending Slips for Second Month
Construction spending fell 0.4% in September, the second straight decline, the Commerce Department reported Nov. 3.
November 3, 2014Construction Spending Dips in August
Construction spending dipped 0.8% in August, the Commerce Department reported Oct. 1.
October 1, 2014Homebuilder Confidence Rises to Nine-Year High
Confidence among U.S. homebuilders rose in September to a nine-year high, showing the industry is gaining ground and will be a source of momentum for the economy.
September 17, 2014Construction Spending Drops 1.8%
Construction spending declined 1.8% in July, the biggest downturn in more than three years, Commerce Department reported Aug. 1.
August 1, 2014Housing Starts Decline Amid Plunge in the South
Beginning home construction declined in June to a nine-month low as a record plunge in the South swamped gains in the rest of the U.S.
July 17, 2014