construction News Updates

Business

Under the Hood of US Construction Are Bigger Values Than in GDP

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.

November 1, 2016
Business

Housing Starts Declined in August on Plunge in South

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.

September 20, 2016
GovernmentBusiness

America’s Transportation Awards Finalists Announced

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.

September 9, 2016
Business

Fragile Economy Now Facing a Slowdown in Building Boom

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.

August 1, 2016
Business

Construction Spending in January Exceeds Expectations

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.

March 1, 2016
Business

What to Know About the Government's Latest Construction Numbers

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.

January 4, 2016
Business

Construction Spending Rises to Near Eight-Year High

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.

December 1, 2015
Business

Housing Starts Rise as Construction Underpins Economy

New-home construction in the United States climbed in September, a sign residential real estate will bolster the world’s largest economy.

October 20, 2015
Business

91ÊÓÆµbuilder Confidence Reaches Decade High on US Sales Outlook

Confidence among U.S. homebuilders climbed in October to a 10-year high, a sign demand for housing may remain solid in the months to come.

October 19, 2015
Business

Construction Spending Rises 1.1%

Construction spending rose 1.1% in October, the Commerce Department reported Dec. 2.

December 2, 2014

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