construction News Updates

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.

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

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.

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

Construction spending fell 0.4% in September, the second straight decline, the Commerce Department reported Nov. 3.

Construction spending dipped 0.8% in August, the Commerce Department reported Oct. 1.

Confidence among U.S. homebuilders rose in September to a nine-year high, showing the industry is gaining ground and will be a source of momentum for the economy.

Construction spending declined 1.8% in July, the biggest downturn in more than three years, Commerce Department reported Aug. 1.

Beginning home construction declined in June to a nine-month low as a record plunge in the South swamped gains in the rest of the U.S.

Construction spending rose 0.2% in April, the Commerce Department reported June 2.