Content Tagged As home_construction

3 years 10 months ago

Home construction sinks, building permits down

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...

3 years 11 months ago

Home construction up, building permits fall

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...

4 years 2 months ago

Housing construction up 2.8 percent in January

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...

4 years 6 months ago

September housing construction rises 0.5 percent

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...

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