Spending on U.S. construction projects rose in April despite weakness in residential projects and government spending.
Spending on U.S. construction projects fell in March as the biggest drop in government projects in more than a decade overwhelmed strength in home building.
U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery at the start of the spring buying season.
U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, a sign that the housing recovery is accelerating.
U.S. homebuilders began work at a slower pace in January, though the level was still the third-highest since 2008. The pace of building was viewed as a sign of further strengthening in residential real estate.
Sales of new U.S. homes cooled off in December compared with November, but sales for the entire year were the best since 2009.
U.S. builders started work on homes in December at the fastest pace in 4-½ years and finished 2012 as their best year for residential construction since the early stages of the housing crisis.
U.S. builders broke ground on fewer houses in November after starting work in October at the fastest pace in four years. Superstorm Sandy likely slowed starts in the Northeast.
The quasi-private board charged with creating jobs in Wisconsin is meeting to discuss a highly critical audit of its first year in operation.
U.S. sales of new homes fell slightly in October and the September sales pace was slower than initially thought.