Content Tagged As home_construction
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Home construction sinks to lowest level since Oct.
July 20, 2010 9:17 AM
Home construction plunged last month to the lowest level since October as the economy remained weak and demand for housing plummeted. The Commerce Department says construction of new homes and apartments in June fell 5 percent from a month earlier to a seasonally adjusted annual rate of 549,000. May's... more » -
Home construction sinks, building permits down
June 16, 2010 8:57 AM
Home construction plunged last month to the lowest level since December as builders scaled back without a federal tax credit to lure buyers. Building permits also fell, a sign the construction industry won't fuel the economic recovery. The Commerce Department says construction of new homes and apartments fell... more » -
Home construction up, building permits fall
May 18, 2010 11:21 AM
Construction of new homes rose more than expected in April, but new building permits fell sharply, signaling that the building industry's rebound could be short-lived. The Commerce Department says construction of new homes and apartments rose 5.8 percent last month to a seasonally adjusted annual rate of 672,000. The... more » -
Housing construction up 2.8 percent in January
February 17, 2010 1:30 PM
A couple of economic reports today are boosting hopes for a sustained recovery. Industrial production posted its seventh straight increase in January. The Federal Reserve reported Wednesday that January's numbers rose in all three major categories: manufacturing, mining and energy utilities. That is the first such show of... more » -
September housing construction rises 0.5 percent
October 20, 2009 1:13 PM
Construction of new homes edged up slightly in September, helped by a rebound in single-family construction. However, in a worrisome sign for the future, applications for building permits fell by the largest amount in five months. The Commerce Department says construction of new homes and apartments rose 0.5 percent in... more » -
Housing construction rises 1.5 percent in August
September 17, 2009 9:07 AM
The government says housing construction rose in August to the highest level in nine months as a big surge in apartment building offset a decline in single-family activity. The Commerce Department said Thursday that construction of new homes and apartments rose 1.5 percent to an annual rate of 598,000 units... more »
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