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Tag: single-family homes
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
Business
Housing starts tumble 16.5% in April, but surge in permits suggests continued recovery
The start of construction on homes fell drastically in April, one month after reaching a level of home starts the country had not seen since before the recession. However, a surge in building permits hints that the damage might not be too bad. Construction began on homes at a seasonally adjusted annual rate of 853,000, […]
May 16, 2013
Business
Builder confidence in housing market dips 1 point in February
After stalling completely in January, builder confidence in new single-family homes was was virtually unchanged in February with a one-point decline to 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The index’s tipping point is 50. Once higher than 50, that indicates more builders have a good feeling about the […]
February 21, 2013
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