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Tag Archives: construction

Construction spending rose 0.4 percent in June

WASHINGTON  — Another strong gain in homebuilding pushed U.S. construction spending up for a third straight month in June, a further indication that the battered housing industry is showing signs of life. Construction spending rose 0.4 percent in June following ...

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Contracts to buy homes fell slightly in June

WASHINGTON — Americans signed fewer contracts to buy previously occupied homes last month, the latest sign the housing market recovery is uneven. The National Association of Realtors said Thursday that its index of sales agreements fell 1.4 percent last month ...

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BWI awarded $12M grant for runways

Baltimore Washington International Thurgood Marshall Airport has been awarded a $12 million grant to improve and upgrade runaways. The Capital of Annapolis reports that the grant from the U.S. Department of Transportation will be used for the first phase of ...

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Home sales drop 5.4 percent, fewest since October

WASHINGTON — Americans bought fewer homes in June than May, indicating the weak economy could make a modest housing recovery choppy. The National Association of Realtors said Thursday that sales of previously occupied homes fell 5.4 percent in June to ...

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Home construction in slow but steady comeback

WASHINGTON — Home construction is making a long-awaited recovery that could help energize the U.S. economy. From areas like Phoenix that are finally arising from the housing bust to cities like Chicago and Minneapolis where strong economies have lifted demand, ...

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U.S. homebuilder confidence vaults to 5-year high

Confidence among U.S. homebuilders is swelling to a five-year high, with many now anticipating that sales of new homes will strengthen this year even as signs point to a slowing economy. The National Association of Home Builders/Wells Fargo builder sentiment ...

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New analyses show PATH project may not be needed

MORGANTOWN, W.Va. — The regional grid operator for West Virginia and 12 other states says there may no longer be a need for the Potomac-Appalachian Transmission Highline. The State Journal says analyses by PJM Interconnection may not support construction of ...

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Grand Prix track construction to start July 30

Organizers of the Grand Prix of Baltimore plan to construct the race track in 32 days, working during the night to make the 12-turn, 2-mile circuit come together. Construction will begin near the intersection of Light and Conway streets on ...

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Service firms grew at slowest pace in 2 years

WASHINGTON — U.S. service companies grew in June at the slowest pace in nearly two and a half years, more evidence that the economy has weakened. But those same firms boosted hiring last month, supporting other data that show job ...

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