Construction sector performance

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Construction sector performance

  • US home construction rises 6.8 percent in May

    U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years. The gains ... 

  • Ahead of the Bell: US Housing Starts

    U.S. home construction has risen steadily in the past year, fueled by more buyers and a scarcity of houses for sale. An increase in permits and ... 

  • US homebuilder confidence soars to 7-year high

    For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic ... 

  • US construction spending up 0.4 percent in April

    Spending on U.S. construction projects rose in April despite weakness in residential projects and government spending. Construction spending rose 0. 

  • US new home sales up 2.3 percent in April

    U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest ... 

  • US home sales tick up to highest in 3 ½ years

    Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses ... 

  • Gauge of US economy's future health up in April

    A measure of the U.S. economy's future health rose solidly in April, buoyed by a sharp rise in applications to build homes and a better job market. 

  • US housing starts fell in April but permits surged

    U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline ... 

  • US homebuilder confidence rises in May from April

    Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest ... 

  • US construction spending down 1.7 percent in March

    Spending on U.S. construction projects fell in March as the biggest drop in government projects in more than a decade overwhelmed strength in home ... 

  • US economy likely rebounded in first quarter

    U.S. economic growth likely accelerated from January through March from a near-stall at the end of 2012, propelled by a revival in housing, steady ... 

  • Asia stocks up on US company earns, home sales

    An increase in new U.S. home sales and strong corporate earnings across a range of industries lifted investment sentiment in Asia, where most stock ... 

  • New-homes sales rise 1.5 percent in March to 417K

    U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery ... 

  • US housing starts surpass 1 million in March

    U.S. homebuilders broke the 1 million mark in March for the first time since June 2008. The gain signals continued strength for the housing recovery ... 

  • Rising costs weigh on US homebuilder confidence

    U.S. homebuilders are concerned that limited land and rising costs for building materials and labor will slow sales in the short term. Still, their ... 

  • US construction up 1.2 percent in February

    Spending on U.S. construction projects rebounded in February, helped by a surge in home construction, which rose to the highest level in more than ... 

  • US futures edge up after long Easter weekend

    U.S. stock futures are edging higher ahead of reports on manufacturing in March and construction spending in February. After a three-day Easter ... 

  • Sales of new US homes slip 4.6 percent in February

    Sales of new homes fell in February after climbing to the highest level in more than four years in January. Sales of new homes dropped to a seasonally ... 

  • US housing starts rise, permits at 4 ½-year high

    U.S. builders started more homes in February and permits for future construction rose at the fastest pace in 4 ½ years. The increases point to a ... 

  • US builder confidence falls on weak supply, labor

    Confidence among U.S. homebuilders fell this month because of concerns that increased demand for new homes is exceeding supplies of ready-to-build ... 

  • Jump in factory growth lifts hopes for US economy

    Busier factories and growing optimism among consumers could help the U.S. economy withstand the drag from government spending cuts and tax increases ... 

  • US construction spending down 2.1 percent

    Spending on U.S. construction projects fell in January by the largest amount in 18 months as home construction stalled and spending on government ... 

  • Fabian Caceras

    US futures swing lower to cap volatile week

    U.S. stock futures slid Friday as $85 billion in mandatory federal spending reductions began to roll out on the same day that the government reported ... 

  • Freddie Mac posts $4.5B net income for Q4

    Mortgage giant Freddie Mac earned $4.5 billion from October through December, its fifth straight profitable quarter. The government-controlled company ... 

  • US economy barely grew in Q4, but rebound likely

    The weakest quarter for the U.S. economy in nearly two years may end up being a temporary lull. Economists think growth has begun to pick up on the ... 

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