Construction sector performance

May 15, 2019 - 2:59 am
BERLIN (AP) — Official figures show that the German economy returned to growth in the first quarter of 2019 on the back of solid consumer spending and a construction boom in Europe's largest economy. The Federal Statistical Office reported Wednesday that the country's economy grew by 0.4% in the...
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In this Jan. 23, 2019, photo, construction workers build new housing in Salisbury, Mass. On Friday, April 19, the Commerce Department reports on U.S. home construction in March. (AP Photo/Elise Amendola)
April 19, 2019 - 9:00 am
WASHINGTON (AP) — U.S. home construction slipped 0.3% in March, as housing starts are running below last year's pace in a sign that inventory could be a challenge for would-be buyers. The Commerce Department says that housing starts last month were a seasonally adjusted annual rate of 1.14 million...
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In this Thursday, Feb. 21, 2019 photo a sign is posted near a newly constructed home in Natick, Mass. On Thursday, March 14, the Commerce Department reports on sales of new homes in January. (AP Photo/Steven Senne)
March 14, 2019 - 11:01 am
WASHINGTON (AP) — Sales of new U.S. homes slumped 6.9 percent in January, a possible sign that buyers paused during the government shutdown. The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 607,000 in January, down from 652,000 in December. The...
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In this Jan. 4, 2019, photo work continues on a plan of new homes in Franklin Park, Pa. On Wednesday, March 13, the Commerce Department reports on U.S. construction spending in January. (AP Photo/Keith Srakocic)
March 13, 2019 - 10:05 am
WASHINGTON (AP) — Spending on U.S. construction projects in January posted the biggest gain in nine months, as strength in nonresidential construction and government projects offset continued weakness in home construction. The Commerce Department says that construction spending rose 1.3 percent in...
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FILE- In this Tuesday, March 5, 2019, file photo specialist Matthew Grenier works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, March 8. (AP Photo/Richard Drew, File)
March 08, 2019 - 4:56 pm
Another wave of selling on Wall Street Friday left the S&P 500 with its worst weekly showing since January and its eighth loss in the last nine days. The sell-off, which lost some strength toward the end of the day, followed a surprisingly weak jobs report and more signs that the global economy...
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In this Thursday, Feb. 21, 2019 photo a newly constructed homes sit near a sign, in Natick, Mass. On Friday, March 8, the Commerce Department reports on U.S. home construction in January.(AP Photo/Steven Senne)
March 08, 2019 - 8:43 am
WASHINGTON (AP) — U.S. housing starts jumped 18.6 percent in January, as builders ramped up construction of single-family houses to the fastest pace in eight months. The Commerce Department said Friday that January ground breakings occurred at a seasonally adjusted annual rate of 1.23 million. Home...
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FILE - In this Feb. 20, 2019 file photo a construction crew works on an already sold new home in north Dallas. U.S. construction spending edged down 0.6 percent in December with declines in residential construction and government projects. Even with the December setback, construction spending for all of 2018 rose to a new record although the annual increase was the smallest in seven years. (AP Photo/LM Otero, File)
March 04, 2019 - 10:56 am
WASHINGTON (AP) — U.S. construction spending edged down 0.6 percent in December with declines in residential construction and government projects. Even with the December setback, construction spending for all of 2018 reached record levels, though it was the smallest increase seven years. The...
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FILE- In this Aug. 14, 2018, file photo workers stock the shelves at a Home Depot store in Passaic, N.J. Home Depot Inc. reports financial results Tuesday, Feb. 26, 2019. (AP Photo/Ted Shaffrey, File)
February 26, 2019 - 2:55 pm
ATLANTA (AP) — Strains in the nation's housing sector, coupled with nasty weather across the U.S., took their toll on Home Depot's sales in the last few months of 2018. And more disconcerting news about the state of the U.S. housing market could make for a challenging 2019 for the home-improvement...
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FILE- In this May 25, 2018, file photo shows a sold sign stands in front of a home under construction in Hampton Township, Pa. Sales of new U.S. homes soared in November, defying higher mortgage rates, but they're still below year-ago levels. The Commerce Department said Thursday, Jan. 31, 2019, that new home sales jumped 16.9 percent in November from the previous month to a seasonally adjusted annual rate of 657,000. (AP Photo/Ted Shaffrey, File)
January 31, 2019 - 10:43 am
WASHINGTON (AP) — Sales of new U.S. homes soared in November, defying higher mortgage rates. But they're still below year-ago levels. The Commerce Department said Thursday that new home sales jumped 16.9 percent in November from the previous month to a seasonally adjusted annual rate of 657,000...
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December 18, 2018 - 8:33 am
WASHINGTON (AP) — U.S. developers broke ground on more homes last month, but the increase occurred entirely in apartments. The construction of new single-family houses fell. The Commerce Department said Tuesday that housing starts rose 3.2 percent in November from the previous month to a seasonally...
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