Construction Sector Performance
New-home sales tick up as builders slash prices
WASHINGTON (AP) — Sales of new homes rose in September after four straight monthly declines, largely because builders cut their prices in the face of depressed demand.
Manufacturing grows for 13th straight month
NEW YORK | U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.
New-home sales sink to lowest level on record
LOS ANGELES | Sales of new homes unexpectedly sank 12.4 percent in July to the lowest point since the government began keeping records in 1963. It underscored continued weakness in the housing market, which tanked after the expiration this spring of a tax break for home buyers who were alrea…
Housing construction rises 1.7 percent in July
WASHINGTON | New home construction edged up slightly in July but applications for building permits tumbled to the lowest point in 14 months, a sign of continued stress in housing.
Renters can do plenty to make their homes more eco-friendly
LOS ANGELES | So you're a renter and you want to green your space, but your landlord won't splurge on solar panels.
Recovery mixed on earnings, housing
WASHINGTON (AP) — A flurry of strong earnings reports renewed Wall Street's optimism in the economic recovery, even as new data Thursday showed homes sales sinking and claims for unemployment benefits rising.
Payrolls drop by 125K, jobless rate falls
WASHINGTON (AP) — A wave of census layoffs cut the nation's payrolls in June for the first time in six months, while private employers added a modest number of jobs. The unemployment rate dipped to 9.5 percent, its lowest level in almost a year.
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