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Tag Archives: housing industry

U.S. housing starts rise modestly to start new year

WASHINGTON — Construction of single-family homes in the U.S. cooled off slightly in January after surging in the final month last year. But a rise in permits suggests builders are growing more confident that more buyers are ready to come ...

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Economy ends tough 2011 on a surprising upswing

WASHINGTON — The economy is ending 2011 on a roll. The job market is healthier. Americans are spending lustily on holiday gifts. A long-awaited turnaround for the depressed housing industry may be under way. Gas is cheaper. Factories are busier. Stocks ...

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Sluggish new-home sales drag on economy’s growth

WASHINGTON — Sales of new homes plummeted in January, and businesses ordered fewer long-lasting goods. But the number of people applying for unemployment benefits has fallen over the past four weeks to the lowest level in two-and-a-half years. Together, the ...

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