Tag: home starts: Page 2

Business

U.S. home starts fall 6.2% in March

Construction on new homes in the U.S. fell in March with declines ing both single- and multi-family starts. Total home starts fell 6.8 percent to a seasonally-adjusted annual rate of 1.215 million, according to preliminary data from the Commerce Department. Total starts remain 9.2 percent above the March 2016 figure. Single-family starts fell 6.2 percent to […]

April 19, 2017

Workforce

Construction sees largest monthly jobs increase in nearly a decade; home starts up 3%

The U.S. construction industry added 58,000 jobs in February, according to preliminary data from the Labor Department. Monthly jobs figures can change as the department revises past estimates month to month, but if February’s figure holds, it would be the second-largest monthly construction jobs gain of the last 10 years. The largest increase of the last decade belongs […]

March 16, 2017

Dealers

Business Roundup: McCann Industries turns 50; dealer social media tips; home starts drop; tech a must for contractors; Bieller to lead Dynapac

McCann Industries marks 50 years as heavy equipment dealer This year McCann Industries is celebrating 50 years as a heavy equipment dealer and contractor supplies source serving Illinois and Indiana. The Addison, Illinois, company was founded as McCann Construction Specialties in 1967 by Richard McCann in Villa Park, Illinois. Richard’s Son, Jim, is the current president and CEO and […]

February 20, 2017

Business

Home starts drop in January as multi-family units settle from surge

The start of construction on new homes in the U.S. fell during January due to a drop in multi-family units. Total home starts fell 2.6 percent to a seasonally adjusted annual rate of 1.246 million but remain up 10.5 percent over the January 2016 rate, according to preliminary data from the Commerce Department. This latest data […]

February 16, 2017

Business

Construction adds 36,000 jobs; home starts end 2016 on strength of multi-family units

The latest data from the federal government indicate increases in both construction employment and the start of construction on new homes. The U.S. construction industry added 36,000 jobs in January and now employs 6.809 million Americans, according to preliminary data from the Labor Department. The figure represents a 2.5-percent increase over the January 2016 employment total […]

February 6, 2017

Dealers

Business Roundup: Home starts up 25% in October, H&E opens 77th branch, United Rental adds 7 sites, Noble Iron sells off Houston operations

Home starts jump 25% in October with surge in multi-family building Following two consecutive months of decreases, construction starts on homes in the U.S. jumped 25 percent in October largely due to a huge increase in multi-family starts. Home starts are at a seasonally-adjusted annual rate of 1.323 million, an increase of 23 percent over […]

November 21, 2016

Business

Home starts jump 25% in October with surge in multi-family building

Following two consecutive months of decreases, construction starts on homes in the U.S. jumped 25 percent in October largely due to a huge increase in multi-family starts. Home starts are at a seasonally-adjusted annual rate of 1.323 million, an increase of 23 percent over the October 2015 level, according to preliminary data from the Commerce […]

November 17, 2016

Business

U.S. home starts drop 9% in September on big drop in multi-family

Despite a jump in single-family starts, overall construction starts on new homes in the U.S. fell for a second consecutive month in September, dropping 9 percent to a seasonally-adjusted annual rate of 1.047 million homes. Home starts are down 12 percent from the September 2015 rate, according to preliminary data from the Commerce Department. An 8.1-percent […]

October 19, 2016

Business

Builder confidence jumps in August despite 5.8% drop in home starts

The start of construction on homes in the U.S. fell 5.8 percent during August to a seasonally adjusted annual rate of 1.142 million, according to preliminary data from the Commerce Department. Declines in both single- and multi-family housing units brought on the monthly decline. However the rate remains 0.9 percent above the August 2015 figure. […]

September 20, 2016

Business

Home starts up in July with jump in multi-family construction

With a 2.1-percent month-to-month increase, U.S. home starts rose in July on the strength of multi-family construction gains. Home starts rose to a seasonally adjusted annual rate of 1.211 million during the month, a 5.6-percent increase over the July 2015 rate, according to preliminary data from the Commerce Department. Single-family home starts were up 0.5 […]

August 16, 2016

Business

Home starts down slightly in May but builders have optimistic outlook

Starts on new homes in the U.S. were down 0.3 percent in May from the previous month despite gains in both single- and multi-family homes. Total starts fell to a seasonally adjusted annual rate of 1.164 million in May but remain up 9.5 percent over the May 2015 mark. Single-family home starts rose 0.3 percent […]

June 17, 2016

Business

Home starts up in April but down year over year due to multi-family drop

U.S. home starts grew by 6.6 percent during April on gains from both single- and multi-family units, but the year-over-year count is down due to starts on apartments dropping from the April 2015 figure. Total starts increased in April to a seasonally-adjusted annual rate of 1.172 million. That figure is down 1.7 percent from the April 2015 figure. […]

May 24, 2016