Economy: Page 103
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Suspense over Highway Trust Fund's fate hurt roadwork spending
As Congress failed to act, it wiped out 2014 gains.
By Ron Gallagher • Aug. 14, 2014 -
Income data paints picture of a widely varying U.S. housing market
America's richest and poorest metros have the widest gap ever recorded.
By Ron Gallagher • Aug. 14, 2014 -
Canadian home-building activity slowing
Canada Mortgage and Housing Corp. says in its latest forecast that a "soft landing" is coming this year and into next.
By Ron Gallagher • Aug. 14, 2014 -
Building Congress says NYC is 'virtually back'
If the organization's estimate holds up, it will be first year over $30 billion since 2010 for construction activity.
By Ron Gallagher • Aug. 13, 2014 -
Builders in FL county get breathing room on new impact fee
Adding $2,537 to the price of a house is too much too soon for an economy in recovery, according to one county in Florida.
By Ron Gallagher • Aug. 13, 2014 -
Realtor data adds evidence that home-price growth is slowing
Prices for the second quarter were up 4.4% from the same 2013 quarter after an 8.3% year-over-year jump in the first quarter.
By Ron Gallagher • Aug. 12, 2014 -
Rising from the ashes of the housing boom: California's Inland Empire
KB Home is building six models in its Pigeon Pass development, and its not alone in revving the housing market back up in eastern California.
By Ron Gallagher • Aug. 10, 2014 -
Hong Kong offering makes any new U.S. home look inexpensive
A newly built hilltop residence is 4,661 square feet and lacks a garage, but it's asking price is $22,677 per square foot.
By Ron Gallagher • Aug. 10, 2014 -
'Bubble' – the word that won't die in U.S. housing analyses
Even though the price curve is climbing less steeply each month this year, rapid ascents in some markets make observers nervous.
By Ron Gallagher • Aug. 10, 2014 -
Dodge index retreats in July, but remains well ahead of 2013
McGraw Hill Construction's Dodge Momentum Index for nonresidential construction fell 4.4% from June, but the company says that may just be a spring rush easing back to normal.
By Ron Gallagher • Aug. 7, 2014 -
Study: More young people turning away from home ownership
More people can afford the "American Dream," at least according to a study by Harvard's Joint Center for Housing Studies.
By Ron Gallagher • Aug. 7, 2014 -
Industry groups' economists modestly optimistic for rest of 2014
Some sectors are seeing more growth than others, according to the number-crunchers at Associated Builders and Contractors, the American Institute of Architects and the National Association of Home Builders.
By Ron Gallagher • Aug. 7, 2014 -
Survey supports claims about tight-credit effects on mortgages
Housing interests who have been saying that federal lending rules imposed after the housing crash are inhibiting the recovery got some vindication when the Federal Reserve surveyed banks.
By Ron Gallagher • Aug. 5, 2014 -
Home prices edge up in CoreLogic survey
House prices nationally were up 1% from May to June, the firm said.
By Ron Gallagher • Aug. 5, 2014 -
A house in San Francisco is worth...how much?
In July, the median home price put the city in a league with the world's most expensive.
By Ron Gallagher • Aug. 4, 2014 -
Why there's a construction labor shortage despite high jobless rate
Many different local trends combine to paint a potentially misleading national picture.
By Ron Gallagher • Aug. 4, 2014 -
June construction spending down, but May better than reported
Construction spending reported by the Commerce Department illustrates why no one should panic over one month's data.
By Ron Gallagher • Aug. 3, 2014 -
U.S. construction unemployment hits lowest rate since 2007
In the report on July job creation were 9,100 new jobs in nonresidential work and 13,000 in residential.
By Ron Gallagher • Aug. 3, 2014 -
Predicting U.S. housing market is like handicapping a horse race
Fannie Mae says consumers are eager, but the Fed is glum.
By Ron Gallagher • July 31, 2014 -
One economist sees headwinds for U.S. housing market
A big problem in trying to sustain housing growth at recent levels is that median income in the U.S. has gone down.
By Ron Gallagher • July 30, 2014 -
Latest GDP numbers are good, but construction figures are even better
Widespread relief greeted the report of 4% growth in GDP and fixed investment in nonresidential projects grew 5.5%.
By Ron Gallagher • July 30, 2014 -
Renaissance in civil, heavy work is benefiting job-seekers
As necessity drives government to find ways to finance infrastructure work, civil companies are trying to expand to meet the demand.
By Ron Gallagher • July 29, 2014 -
Some U.S. cities have recovered nicely while others still struggle post-recession
The recovery from the recession has been a good time to be in several Texas cities and many others, but not all cities.
By Ron Gallagher • July 28, 2014 -
Construction labor shortages becoming more severe
Two out of three home builders said they are paying higher wages than last year, and three out of five nationally see a labor shortage.
By Ron Gallagher • July 28, 2014 -
D.R. Horton uses incentives to boost sales, but investors don't like what they see
The stock market did not like how D.R. Horton grew sales by 25% last quarter, but the company may just be ahead of what all builders will have to do.
By Ron Gallagher • July 27, 2014
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