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US Housing Starts Index, Home Sales: January 2016
US home building data for January showed declines for new home sales and housing construction said the National Association of Home Builders Wednesday. Builder confidence also declined but remains in positive territory. NAHB’s forecast is for continued, modest growth for single-family construction and a slowing of the growth rate for multifamily development in 2016. The…
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US Construction Material Prices: Jan 2016
Construction input prices fell by 0.6 per cent during January 2016 according to the US Bureau of Labor Statistics Producer Price Index released Wednesday. Construction input prices are down 2.7 per cent from January 2015 and have now decreased on a year-over- year basis for 14 consecutive months, according to the Associated Builders and Contractors…
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2015 US Construction Starts Snapshot: CMD
Total construction starts in the US grew by 3.7 per cent in 2015 to reach US$527 billion, a slowdown from the 7.4 per cent growth posted in 2014 said a new report by Construction Market Data Group, published February 5. US 2015 Construction Starts Snapshot: CMD by ABBY SAMP, OXFORD ECONOMICS, for Daily Commercial News…
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US Construction Employment: Dec 2015
According to the BLS Job Openings and Labor Turnover Survey and NAHB analysis, the number of open construction sector jobs in the US increased to 207,000 in December from 138,000 in November. Construction Employment, US On a three-month moving average basis, the open position rate (job openings as a per cent of total employment)…
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US Construction Spending: December 2015
The US Census Bureau of the Department of Commerce announced Monday that construction spending during December 2015 was estimated at a seasonally adjusted annual rate of US$1,116.6 billion, 0.1 per cent above the revised November estimate of US$1,116.0 billion. The December figure is 8.2 per cent above the December 2014 estimate of US$1,031.6 billion. The…
