Economy: Page 137
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Overall U.S. construction pace down 1% in June
Work for all kinds of construction stood at an annual pace of $446.1 billion, off a shade from May.
By Ron Gallagher • July 20, 2012 -
Mortgage rates on track, meaning down some more
The housing market's raw fuel – mortgage rates – keep getting lower.
By Ron Gallagher • July 20, 2012 -
Most Read Construction News of the Week: Worker concerns, iPad protection and Bryant Park
Catch up with the most popular Construction Dive reads of the past week. We have the five most read news posts to catch you up to speed.
By Brian Warmoth • July 19, 2012 -
Existing-home sales in June slow the pace, but remain well above 2011
The annual rate fell to 4.37 million last month, down from May, but prices rose and inventory still shrank.
By Ron Gallagher • July 19, 2012 -
FHA putting more underwater loans in the sales pool
The agency is readying 9,000 more delinquent loans for sale, more than a third of them in Chicago, Phoenix, Tampa, Fla., and Newark, N.J.,
By Ron Gallagher • July 19, 2012 -
June housing starts show builders are believers, rise 23.6% from 2011
The government's data show that housing starts in June hit an annual rate of 760,000, which is 6.9% above May's pace.
By Ron Gallagher • July 18, 2012 -
Builders' confidence up 6 points in July; best since March 2007
The monthly Housing Market Index index of how builders feel about conditions now and for the next six months was up nationwide.
By Ron Gallagher • July 17, 2012 -
Worker satisfaction matters more as home building recovers
As housing starts have been increasing, recruiting companies have been looking for employees – perhaps yours.
By Ron Gallagher • July 16, 2012 -
Blackstone bets on housing with Hovnanian land-banking deal
The investment company and the home builder are doing a deal in which Blackstone buys lots Hovnanian has identified.
By Ron Gallagher • July 16, 2012 -
Shiller: Housing has half of a 'lost decade' still to go
The guru of housing prices, Yale professor Robert Shiller, says he sees the U.S. markety with half of a "lost decade" still to go.
By Ron Gallagher • July 16, 2012 -
Confidence Index: Economists expected up, consumers said down
The monthly consumer confidence index from the University of Michigan for this month marked a 2012 low.
By Ron Gallagher • July 16, 2012 -
Former FDIC chair not so sure housing's back yet
Sheila Bair, who warned about mortgages the last time says she is only cautiously optimistic and another dip is possible.
By Ron Gallagher • July 16, 2012 -
Construction materials prices were down again in June
AGC suggested that public transportation projects get in gear quickly to take advantage of the bargains available.
By Ron Gallagher • July 13, 2012 -
Economy Watch: Weekly jobless claims come in lower than expected
First claims filed for the week ending July 7 were down, but economists laid that to unusual seasonal factors, bot the economy.
By Ron Gallagher • July 13, 2012 -
Most Read Construction News of the Week: Skanska, green building and the housing market
Catch up with the most popular construction industry reads of the last week. We compiled the five most read news posts to catch you up to speed.
By Brian Warmoth • July 12, 2012 -
Oregon law lets owners demand mediation before foreclosure
A law that took effect this week put Oregon among states in which homeowners can demand a face-to-face meeting with lenders who are foreclosing.
By Ron Gallagher • July 12, 2012 -
Note to market: We're done with this housing collapse
Indicators point to the U.S. housing market's having finally begun to claw its way up from a bottom.
By Ron Gallagher • July 11, 2012 -
NAHB warns on effects of Dodd-Frank mortgage requirements
The organization worries about a provision requiring lenders to establish that borrowers will be able to pay
By Ron Gallagher • July 11, 2012 -
Monthly measure of rising residential markets is 84 for July
The organization keeps track of metro areas whose home-building statistics have been rising for at least six consecutive months.
By Ron Gallagher • July 11, 2012 -
Barclay's LIBOR shenanigans could have affected U.S. ARMs
An economist at the Cleveland Federal Reserve Bank looked at the numbers and suspects rates on adjustable mortgages were involved.
By Ron Gallagher • July 11, 2012 -
Home builders see a friendly stock market and are using it
Several of the corporate home-building companies are striking while the stock market is feeling good about the industry.
By Ron Gallagher • July 10, 2012 -
Builders' hiring plans show faith in their futures
A national survey found that home builders plan to hire more workers in the next year, though they foresee some shortages and a need for training, too.
By Ron Gallagher • July 10, 2012 -
Consumer attitudes diverge on homes, economic outlook
Fannie Mae found 35% of people think home prices will rise this year, but 57% think the economy is off track.
By Ron Gallagher • July 10, 2012 -
Public-private partnerships looking good for state, local governments
With no recovery in sight for state and local governments,P3s offer a way to stop deferring needed projects.
By Ron Gallagher • July 10, 2012 -
Construction unemployment down overall, but up in several sectors
An analysis of the U.S. Department of Labor's numbers for May provides a less-than-thrilling picture despite the industry-wide number.
By Ron Gallagher • July 10, 2012
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