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New-home construction in the U.S. fell more than forecast in November after surging a month earlier to a nine-year high, indicating fitful progress in residential real estate.

U.S. new-home construction jumped to a nine-year high in October as an outsize advance in the number of apartment projects accompanied a strong pickup for single-family housing.

The CEO of Terex suggested Nov. 1 the company will see more layoffs, facility closures and business sales in the coming year as he works to simplify the heavy-equipment maker’s operations and position it for growth should the economy pick up steam.

While total construction outlays unexpectedly dropped 0.4% in September, the values of nonresidential projects and home building used to calculate gross domestic product were higher than the Commerce Department assumed in its first estimate of third-quarter growth.

New U.S. home construction fell more than projected in August as a plunge in the South, the biggest region for building, more than offset gains in the rest of the country.

The American Association of State Highway and Transportation Officials, AAA, and the U.S. Chamber of Commerce announced the 12 finalists in the 2016 America's Transportation Awards competition Sept. 9.

At a quarry in Bridgeport, Texas, where rock is crushed, sorted and cleaned, it’s hard to tell that the nation’s construction boom may be hitting a wall.

Construction outlays surged a greater-than-expected 1.5% in January after an upwardly revised 0.6% advance (prior was 0.1%) a month earlier — a combination that will help spur first-quarter gross domestic product.

Here’s one key takeaway from the Commerce Department’s report Jan. 4 on U.S. construction spending: The 0.4% decrease in November, which itself was weaker than the most pessimistic Bloomberg News survey forecast, was accompanied by downward revisions to prior months.

U.S. construction spending rose more than expected in October as outlays increased across the board, suggesting the economy remains on firmer ground despite some slowing in consumer spending and persistent weakness in manufacturing.