New home sales stagger to weakest year (12:34 p.m. 1/27/10)
By Alan Zibel AP Real Estate Writer Washington — New home sales unexpectedly fell 7.6 percent last month, capping the industry’s weakest year on record. December’s sales fell to a seasonally adjusted...
View ArticleConstruction spending declines in December
By Christopher S. Rugaber and Tali Arbel AP Business Writers New York — Hopes that America’s factories will help drive the economic recovery gained support Monday from news that manufacturing activity...
View ArticleProductivity rises in fourth quarter (1:20 p.m. 2/4/10)
By Christopher S. Rugaber AP Economics Writer Washington — U.S. employers are managing to boost production without creating new jobs. The question is when they’ll feel the need to ramp up hiring....
View ArticleU.S. economy offers a mixed bag
By Christopher S. Rugaber AP Economics Writer Washington — The picture of an economy growing modestly without producing inflation yet struggling to create jobs emerged from government reports Thursday....
View ArticleFebruary new-home sales hit new low
By Alan Zibel AP Real Estate Writer Washington — Sales of new homes fell unexpectedly to their lowest point on record in February, in part because stormy winter weather kept buyers away. The results...
View ArticleKey home index rises for eighth straight month
By Alan Zibel AP Real Estate Writer New York — A strong rebound in California’s real estate market helped lift a key home price index for the eighth straight month. Prices are up almost 4 percent from...
View ArticleFebruary pending home sales rise
By Alan Zibel AP Real Estate Writer Washington — The housing market is coming back from the winter doldrums. The number of buyers who agreed to buy previously occupied homes rose sharply in February,...
View ArticleInitial jobless claims fall for second straight week
Washington — The number of Americans filing claims for unemployment benefits dropped for a second consecutive week, further evidence that the job market is slowly improving.
View ArticlePending home sales rise 5.3 percent in March
By Alan Zibel AP Real Estate Writer Washington (AP) — The number of buyers who signed contracts to purchase homes surged more than expected in March, another sign that government incentives are...
View ArticleTrade group reports service sector growth
By Tali Arbel AP Business Writer New York (AP) — The service sector expanded in April, with business activity accelerating at the strongest pace in four years. According to the Institute for Supply...
View ArticleNew jobless claims drop for third straight week
By Christopher S. Rugaber AP Economics Writer Washington (AP) — First-time claims for unemployment benefits dropped last week in the U.S. for the third straight week, a sign the job market is slowly...
View ArticleLedger grows career from solid roots
2011 Woman in Construction of the Year Julie Ledger, Opus Development Corp. Marquette University gave Julie Ledger the breaks she needed to stand out in the construction industry. Fifteen years ago, as...
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