Construction sector performance

June 03, 2019 - 9:05 am
WASHINGTON (AP) — Spending on U.S. construction projects was unchanged in April as another decline in home construction was offset by a big gain in government spending on projects like highways and hospitals. The Commerce Department says the flat reading followed a small increase of 0.1% in March,...
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FILE- In this Feb. 21, 2019, file photo a newly constructed homes sit near a sign in Natick, Mass. On Thursday, May 23, the Commerce Department reports on sales of new homes in April. (AP Photo/Steven Senne, File)
May 23, 2019 - 9:04 am
WASHINGTON (AP) — Sales of new U.S. homes sank 6.9% in April, driven by a decline in the sale of homes worth less than $300,000 that are generally bought by middle class and first-time buyers. The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 673,000...
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In this Jan. 23, 2019, photo, construction workers build new housing in Salisbury, Mass. On Friday, April 19, the Commerce Department reports on U.S. home construction in March. (AP Photo/Elise Amendola)
April 19, 2019 - 8:00 am
WASHINGTON (AP) — U.S. home construction slipped 0.3% in March, as housing starts are running below last year's pace in a sign that inventory could be a challenge for would-be buyers. The Commerce Department says that housing starts last month were a seasonally adjusted annual rate of 1.14 million...
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FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 3:56 pm
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy...
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In this Thursday, Feb. 21, 2019 photo a newly constructed homes sit near a sign, in Natick, Mass. On Friday, March 8, the Commerce Department reports on U.S. home construction in January.(AP Photo/Steven Senne)
March 08, 2019 - 7:43 am
WASHINGTON (AP) — U.S. housing starts jumped 18.6 percent in January, as builders ramped up construction of single-family houses to the fastest pace in eight months. The Commerce Department said Friday that January ground breakings occurred at a seasonally adjusted annual rate of 1.23 million. Home...
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In this Wednesday, Feb. 20, 2019, photo a construction crew works on an already sold new home in north Dallas. On Tuesday, March 5, the Commerce Department reports on sales of new homes in December. AP Photo/LM Otero)
March 05, 2019 - 9:09 am
WASHINGTON (AP) — Sales of new U.S. homes climbed in December to their highest pace in seven months, a sign that lower mortgage rates are helping the real estate market. The Commerce Department says that new-home sales rose 3.7 percent in December to a seasonally adjusted annual rate of 621,000...
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March 04, 2019 - 9:28 am
WASHINGTON (AP) — U.S. construction spending edged down 0.6 percent in December with declines in residential construction and government projects. Even with the December setback, construction spending for all of 2018 reached record levels, though it was the smallest increase seven years. The...
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FILE- In this Aug. 14, 2018, file photo workers stock the shelves at a Home Depot store in Passaic, N.J. Home Depot Inc. reports financial results Tuesday, Feb. 26, 2019. (AP Photo/Ted Shaffrey, File)
February 26, 2019 - 4:55 pm
ATLANTA (AP) — Strains in the nation's housing sector, coupled with nasty weather across the U.S., took their toll on Home Depot's sales in the last few months of 2018. And more disconcerting news about the state of the U.S. housing market could make for a challenging 2019 for the home-improvement...
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In this Thursday, Feb. 21, 2019 photo a recently constructed home, left, is reflected in water, in Natick, Mass. On Tuesday, Feb. 26, the Commerce Department reports on U.S. home construction in December. (AP Photo/Steven Senne)
February 26, 2019 - 7:35 am
WASHINGTON (AP) — The number of homes being built in December plunged to the lowest level in more than two years, a possible sign that developers are anticipating fewer new houses to be sold this year. The Commerce Department said Tuesday that housing starts fell 11.2 percent in December from the...
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FILE- In this Dec. 27, 2018, file photo trader Michael Urkonis works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 31. (AP Photo/Richard Drew, File)
January 31, 2019 - 4:01 pm
Wall Street got its mojo back in January after finishing 2018 with its worst December since 1931. Stocks finished higher Thursday, closing out the month with the best gain for the S&P 500 index since October 2015. A series of strong corporate earnings helped power the monthlong rally, which...
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