Economy: Page 94
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Dow, S&P rise following lackluster NAHB builder confidence results
Economists point to the unexpected drop in optimism as one more reason for the Fed to delay its interest rate hike.
By Emily Peiffer • May 19, 2015 -
Strong dollar weakens foreign thirst for US real estate
Russians and Canadians could lose big when it comes to currency conversions.
By Deborah Barrington • May 19, 2015 -
Explore the Trendlineâž”
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
April housing starts exceed expectations, soar to 7-year high
Building permits also saw a bump, indicating a positive future for the industry.
By Emily Peiffer • May 19, 2015 -
NAHB builder confidence index unexpectedly dips
Experts attribute the results to consumers' delayed entrance into the market, but remain optimistic about Q2.
By Emily Peiffer • May 18, 2015 -
Deep Dive
Nailed it: Construction employment helps fuel economy
The industry added 45,000 positions in April—among the highest number of additions across all sectors.
By Sharon O'Malley • May 12, 2015 -
NE leads among states posting unemployment rate declines
In 41 states, fewer in the industry are out of work than a year ago.
By Sharon O'Malley • May 7, 2015 -
Can housing revitalize U.S. economy?
Some are looking to residential construction to improve on the current stagnant growth.
By Sharon O'Malley • April 30, 2015 -
Student debt hinders likelihood of owning a home by 12%
Goldman Sachs found that for some young adults, the lack of a college degree makes them more likely to become homeowners.
By Sharon O'Malley • April 22, 2015 -
Nearly 1M homeowners driven to foreclosure now eligible to purchase again
Still, millions more have not been able to repair their credit a decade after they lost their properties, the NAR found.
By Sharon O'Malley • April 20, 2015 -
Economists baffled as housing starts continue to flounder
Builder optimism so far hasn’t translated into residential construction growth.
By Sharon O'Malley • April 17, 2015 -
Fed's Beige Book shows steady or slightly improving construction activity
Boston reported the highest demand for commercial building by foreign investors and one of the fastest-growing economies.
By Sharon O'Malley • April 15, 2015 -
Building supplies sales spike in March
A slight overall rebound in consumer buying could solidify chances for a 2015 interest rate hike.
By Sharon O'Malley • April 15, 2015 -
Foreclosures take a nosedive
Nearly half of all declining activity in February occurred in just five states.
By Sharon O'Malley • April 15, 2015 -
NAHB updates report on 'typical' impact of local homebuilding
In one year, residential construction can generate $28.7 million in income for the community and create 394 jobs.
By Sharon O'Malley • April 9, 2015 -
Rising value of U.S. dollar could delay Fed's interest rate increase
A decision to wait would keep the cost of home mortgages lower, and possibly translate into greater sales.
By Sharon O'Malley • April 7, 2015 -
Job creation tanks in March, ending industry's 14-month streak
Employment losses occurred mostly in the residential and public works sectors.
By Sharon O'Malley • April 6, 2015 -
Construction spending slides downward for 2nd month
The poor showing could depress overall first-quarter economic growth.
By Sharon O'Malley • April 2, 2015 -
Slow but steady: Home prices continue gradual rise
In fact, housing values are growing faster than wages, shutting some potential buyers out of the market.
By Sharon O'Malley • April 1, 2015 -
33 states add construction jobs between Jan. and Feb.
Labor shortages, funding, and increasing regulations are among the industry’s greatest challenges, the AGC says.
By Sharon O'Malley • March 30, 2015 -
Home prices rise 13 times faster than wages
The disconnect could continue to dampen sales until traditional buyers overtake investors.
By Sharon O'Malley • March 26, 2015 -
3 Texas markets top list of best places for real estate investments
Fast-growing economies and a lack of homes for sale drive interest in rental properties.
By Sharon O'Malley • March 25, 2015 -
Mortgage rates fall in reaction to negative housing reports
At the same time, fewer borrowers are applying for home loans.
By Sharon O'Malley • March 19, 2015 -
Looming interest rate hike could stop some from buying homes
Until then, consumers might rush to lock in low rates on mortgages.
By Sharon O'Malley • March 19, 2015 -
CA economy suffers backlash from high home prices
Legislators may consider easing restrictions on high-density and coastal development.
By Sharon O'Malley • March 19, 2015 -
Deep Dive
Why women construction workers earn less than men
An expert from the University of Utah told Construction Dive that location, occupation, and union membership determine wages.
By Sharon O'Malley • March 18, 2015