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Tag Archives: construction

Service sector expanded in March at slower pace

WASHINGTON — The U.S. service sector expanded in March for the 16th straight month, although growth slowed from the previous month’s pace, which was the fastest in more than five years. The Institute for Supply Management, a private trade group, ...

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Top 5: ‘You gotta get on a helicopter’

The real estate reporting of Melody Simmons — including the latest development in her work covering the massive $1.8 billion project in East Baltimore — dominates this week’s Top 5 business stories by Daily Record staffers. Also cracking the list ...

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New-home construction plunges in February

WASHINGTON — Builders broke ground last month on the fewest homes in nearly two years, a reflection of declines in home prices and diminished demand that has made it difficult for them to compete. The Commerce Department says home construction ...

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U.S. factories have best month in nearly 7 years

WASHINGTON — The best month for U.S. factories in nearly seven years is brightening the outlook for job growth. Companies are exporting more construction and mining equipment, and Americans are buying more cars, appliances and computers. The Institute for Supply ...

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Construction spending up for third straight month

WASHINGTON — Construction spending rose for a third straight month in November, helped by another increase in housing and a record level for spending on federal building projects. The Commerce Department says construction spending increased 0.4 percent in November following ...

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Peering into commercial real estate’s crystal ball

The heartbeat of commercial real estate began to beat back to life in 2010, after essentially flatlining in 2009. Some notable office and industrial leases were inked and the hum of the BRAC spool-up emerged in Anne Arundel and Harford ...

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