Spending on U.S. construction projects fell 0.1% in October, the third consecutive monthly decline, as weakness in home building and non-residential. Construction has been weak since peaking in May.
The refinance share of mortgage activity increased to 47.4% of total applications, rising from 40.4% the previous week.construction spending flatlines in May as homebuilding declines Construction spending flat in May | National Post – WASHINGTON – U.S. construction spending was flat in May with homebuilding falling again, even as buyers.
Construction spending flatlines in May as homebuilding declines Construction spending flat in May – Finance & Commerce – WASHINGTON – U.S. construction spending was flat in May with homebuilding falling again, even as buyers face climbing prices and a shortage of available properties on the market. The Commerce.
AP reported that US construction spending was flat in May with homebuilding falling again, even as buyers face climbing prices and a shortage of available. fell 0.6 percent in May, the first.
WASHINGTON (AP) — Spending on residential housing rose in May to the highest level in 4½ years, helping to send overall construction spending higher. While higher rates could dampen home building,
Construction spending flatlines in May as homebuilding declines U.S. construction spending unexpectedly fell in March as a sharp decline in homebuilding led to the biggest drop in investment in private construction projects in more than seven years.
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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 June. It.
U.S. construction spending barely increased in May as gains in spending on non-residential projects such as office buildings and public construction were largely offset by a big drop in home building.
Spending on U.S. construction projects fell in May, the first drop in six months, as home building fell for a fifth straight month. The Commerce Department says spending fell 0.8% in May, the first.
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Construction spending flatlines in May as homebuilding declines Private Residential Construction Spending Declines in May. – Private Residential Construction Spending Declines in May By Na Zhao on July 5, 2017 (). NAHB analysis of census construction spending data shows that total private residential construction spending fell 0.6% in May.