New Home Construction Declines but We’re Still Recovering

Last month, the number of housing starts and building permits declined, but the figures did remain at the same levels on par with the gradual housing market recovery, says a new report by the Department of Commerce. According to the report released Tuesday, groundbreaking fell 1.6 … [Read more...]

Harsh winter weather hurt construction spending in February: Commerce Department

The harsh winter weather was again to blame for bleak economic figures, this time in the area of construction spending, according to numbers released (PDF) Tuesday by the United States Department of Commerce. According to the federal department, construction spending only rose by a … [Read more...]