WASHINGTON — U.S. builders started construction last month on the most homes and apartments since July 2008, more evidence that the housing recovery is gaining momentum. The Commerce Department said Tuesday that builders broke ground on homes in October at ...

Tagged with: construction Economy new homes Real Estate

WASHINGTON — U.S. builders spent more on home construction in September, a gain that helped offset weakness in nonresidential building and government projects. Construction spending grew 0.6 percent compared to August when spending had fallen 0.1 percent, the Commerce Department ...

Tagged with: building business news construction Development homes housing market Real Estate

MINNEAPOLIS — Caterpillar says the world’s economy is weaker than it thought, and it doesn’t expect growth to pick up until the second half of next year. The company on Monday cut its 2012 revenue and profit guidance, and took ...

Tagged with: construction earnings Economy Recession

U.S. home construction is making a comeback that could invigorate the economy’s still-weak recovery. Builders last month started construction on single-family houses and apartments at the fastest rate in more than four years, the Commerce Department said Wednesday. And they ...

Tagged with: construction Economy housing real estate news Recession

RICHMOND, Va. — The large-scale development of wind power off the mid-Atlantic coast would create more than 70,000 jobs from New York to Virginia, an industry-sponsored study concludes. The study, released Wednesday, said those jobs would be created by a ...

Tagged with: Business business news construction Energy mid-atlantic study wind energy wind power Wind power

WASHINGTON — U.S. builders spent more to construct homes in August, further evidence of a housing rebound. Still, the increase couldn’t offset cuts in public projects and commercial real estate. Overall construction spending dipped 0.7 percent in August from July, ...

Tagged with: builders commerce department construction federal reserve homebuilders homes national association of homebuilders Real Estate spending

Craftsmen Developers has named Jay M. Yacobucci project manager of the firm's redevelopment of Oliver Street.

Tagged with: construction redevelopment

HAGERSTOWN — A Hagerstown city councilman says a $15 million private donation toward construction of a downtown minor league baseball stadium isn’t assured. Councilman Lewis Metzner told The Herald-Mail of Hagerstown on Wednesday that the city hasn’t confirmed that the ...

Tagged with: baseball construction Development hagerstown Hagerstown Suns municipal stadium stadium washington nationals

Confidence among U.S. homebuilders rose this month to its highest level in six years and many expect the housing recovery will strengthen in the next six months. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday increased ...

Tagged with: construction Development homes new homes Real Estate Recession wells fargo

Things got quite testy when the fate of the Morris A. Mechanic Theatre came up during the monthly meeting of the city’s Urban Design and Architecture Review Panel on Thursday. ...

Tagged with: Canton Crossing Commission for Historical and Architectural Preservation construction Development Habitat for Humanity of the Chesapeake harris teeter howard brown melody simmons morris a. mechanic theatre spending target Urban Design and Architecture Review Panel