Construction sector performance

This July 1, 2019, photo shows a construction worker atop a new building in Hillsborough, N.C. On Tuesday, Oct. 1, the Commerce Department reports on U.S. construction spending in August. (AP Photo/Gerry Broome)
October 01, 2019 - 7:09 am
WASHINGTON (AP) — U.S. construction spending edged up a disappointing 0.1% in August as continued weakness in nonresidential construction offset the best gain in home building in nine months. The Commerce Department says the latest figure marked the fourth month of lackluster results, including...
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FILE - In this June 13, 2019, file photo stacks of building materials are stacked up near new home under construction in Mechanicsville, Va. On Friday, Aug. 23, the Commerce Department reports on sales of new homes in July. (AP Photo/Steve Helber, File)
August 23, 2019 - 7:46 am
WASHINGTON (AP) — Sales of new U.S. homes fell a steep 12.8% in July as higher prices and limited inventory sidelined would-be buyers. The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 635,000 units. That's down from a sharply revised upward rate of 728...
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August 20, 2019 - 4:30 am
Home Depot cut its sales expectations for the year as lumber prices slid and the company braces for the potential impact of tariffs on its customers. The Trump administration delayed most of the tariffs it planned to impose on Chinese goods last week and dropped others altogether, responding to...
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FILE - In this June 19, 2019, file photo a worker carries shingles for a roof of a house under construction in a Brandon, Miss., neighborhood. On Friday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rogelio V. Solis, File)
August 16, 2019 - 9:50 am
WASHINGTON (AP) — The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land. The Commerce Department said Friday that housing starts slipped last month to a seasonally adjusted annual rate of 1...
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FILE - In this June 19, 2019, file photo a worker carries shingles for a roof of a house under construction in a Brandon, Miss., neighborhood. On Friday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rogelio V. Solis, File)
August 16, 2019 - 5:34 am
WASHINGTON (AP) — U.S. housing starts fell 4.0% in July, driven by a decline in the construction of apartment buildings. The Commerce Department says that housing starts slipped last month to a seasonally adjusted annual rate of 1.19 million units. So far this year, housing starts have declined 3.1...
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FILE - In this July 29, 2019, file photo a construction worker carries bars while helping build a scaffolding on the side of a hotel in the Mount Vernon section of Baltimore. On Thursday, Aug. 1, the Commerce Department reports on U.S. construction spending in June. (AP Photo/Julio Cortez, File)
August 01, 2019 - 7:13 am
WASHINGTON (AP) — Spending on U.S. construction projects fell in June by the largest amount in seven months, reflecting weakness in home building, nonresidential construction and the largest drop in government projects in 17 years. The Commerce Department said Thursday that spending fell 1.3% in...
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In this June 19, 2019, photo Larry McGee balances along a roof edge as he carries roof over ridge vent that he and others will be laying down on a new house in a Brandon, Miss., neighborhood. On Wednesday, July 17, the Commerce Department reports on U.S. home construction in June. (AP Photo/Rogelio V. Solis)
July 17, 2019 - 7:41 am
WASHINGTON (AP) — U.S. home construction slipped last month as an uptick in the building of single-family homes was offset by a big drop in apartment construction. The Commerce Department said Wednesday that construction was started at a seasonally adjusted annual rate of 1.25 million in June, down...
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In this June 13, 2019, photo work continues on a new home in Mechanicsville, Va. On Tuesday, June 18, the Commerce Department reports on U.S. home construction in May. (AP Photo/Steve Helber)
June 18, 2019 - 5:33 am
WASHINGTON (AP) — U.S. home construction slipped a bit in May as a sharp drop in single-family construction was only partially offset by a rise in apartment building. The Commerce Department said Tuesday that construction was started at a seasonally adjusted annual rate of 1.27 million homes and...
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FILE - In this Jan. 23, 2019, file photo, construction workers build new housing in Salisbury, Mass. On Thursday, May 16, the Commerce Department reports on U.S. home construction in April. (AP Photo/Elise Amendola, File)
May 16, 2019 - 6:34 am
WASHINGTON (AP) — U.S. home construction rose in April, led by an uptick in single-family homes. The Commerce Department said Thursday that homebuilding rose 5.7% last month to a seasonally adjusted annual rate of 1.24 million. But housing starts fell 2.5% from a year earlier, suggesting that would...
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FILE - In this April 9, 2019, file photo a worker walks along the a structure being built for the NFL Draft in Nashville, Tenn. On Wednesday, May 1, the Commerce Department reports on U.S. construction spending in March. (AP Photo/Mark Humphrey, File)
May 01, 2019 - 7:07 am
WASHINGTON (AP) — U.S. construction spending dropped in March or the first time in four months, and spending on U.S. home construction fell to the lowest level in more than two years. The Commerce Department says construction spending — including housing, nonresidential and government building...
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