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Tag Archives: home construction

Economists more upbeat about job growth, housing

NEW YORK — A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak. The National Association for Business Economists says in a ...

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Unemployment aid applications stay at 370,000

WASHINGTON — The number of people seeking U.S. unemployment benefits was unchanged last week, suggesting modest but steady gains in the job market. The Labor Department said Thursday that weekly unemployment aid applications stayed at a seasonally adjusted 370,000, the ...

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Builders step up spending for fifth straight month

WASHINGTON — Builders increased their spending in December for the fifth consecutive month, ending a weak construction year on a hopeful note. Spending on construction projects rose 1.5 percent in December after a revised 0.4 percent gain in November, the ...

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A poor year for home building ends on hopeful note

WASHINGTON  — Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the year lifted hopes for an eventual recovery. In December, builders ...

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Builders spent slightly more in September

WASHINGTON — U.S. builders spent slightly more in September on home construction, partially offsetting losses in public schools, roads and government offices. Construction spending rose 0.2 percent in September from August to a seasonally adjusted annual rate of $787.2 billion, ...

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Home building jumps 15 percent in September

WASHINGTON — Homes were built in September at the fastest pace in 17 months, a hopeful sign for the economy. Most of the gain was driven by a surge in volatile apartment construction. That should help create jobs and boost ...

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July home building slips after early-summer bump

WASHINGTON — U.S. builders broke ground on fewer single-family houses in July, leaving home construction at depressed levels. The Commerce Department said Tuesday that builders began work on a seasonally adjusted 604,000 homes last month, a 1.5 percent decrease from ...

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U.S. builders’ outlook rises after hitting 2011 low

WASHINGTON — The outlook among U.S. homebuilders became a bit rosier in June but the future prospects for home construction are anything but promising. An index of builders’ outlook for their industry in June rose two points to 15, the ...

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