Topic: Construction Sector

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Bullish on jobs? These 10 cities are.

Our list of the 10 metro areas that saw the most job growth in 2011 might surprise you.
In Pictures: Top ten highest paid American CEOs
Dakota Meyer and nine others: what they did to receive the Medal of Honor

For going above and beyond the call of duty, Marine Sgt. Dakota Meyer was awarded Thursday the Medal of Honor, the US government’s highest military decoration. Here is a look at him and nine other men who risked their lives to protect America.
In Pictures: Help wanted: America's most in-demand workers
In Pictures: 50th anniversary of the Berlin Wall

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Stock market opens higher on hope for China

Stock market opened higher Tuesday amid optimism that China will take action to reverse the recent slowdown in its economic growth. Rising home prices also gave the stock market a boost.
Stocks mixed after Greek worries resurface

After gaining for most of the day, the Dow only finished up 2 points at 12503 Tuesday, as news out of Greece yanked indexes lower shortly before the closing bell.
Fixed mortgages: new lows for 15-, 30-year loans

Fixed mortgages for 30-year loan dips to 3.79 percent; 15-year loan averages. 3.04 percent. But record low rates on fixed mortgages have not ignited home sales.
Paper Economy
Housing permits on the rise

Single family housing permits, increased a notable 1.9 percent from March to 475,000 single family units, and increased 18.5 percent above the level seen in April 2011, but still remained  an astonishing 73.58 percent below the peak in September 2005.
Stocks fall; Dow continues two-week slide

The Dow lost 63 points to close at 12632 Tuesday as Europe's latest political impasse cast a gloom over financial markets.
Paper Economy
Construction spending improves. Slowly.

On a month-to-month basis, total residential spending increased a slight 0.68 percent from February and rose 7.42 percent above the level seen in March 2011 while remaining a whopping 63.91 percent below the peak level seen in 2006.
Paper Economy
New construction weak in March

Single family housing permits declined a notable 3.5 percent from February to 462,000 single family units, but increased 17.6 percent above the level seen in March 2011.
The New Economy
Ten sectors investors should avoid in 2012

Investors beware: If you want big returns this year, don't put your money in developing countries, banks, or homes (including yours).
30-year mortgage rate under 4 percent

30-year mortgage rates fall slightly to an average 3.98 percent, near record low of 3.87 percent that 30-year mortgages hit in February.
Good news on manufacturing buoys stocks

The Dow rose 52 points to close at 13264 as a positive report on U.S. manufacturing lifted stocks to multi-year highs Monday. The Dow close was its highest since 2007.
Paper Economy
Construction spending goes flat

On a month-to-month basis, total residential spending increased a slight 0.03 percent from January and rose 5.59 percent above the level seen in February 2011, while remaining a whopping 63.56 percent below the peak level seen in 2006.
Stefan Karlsson
The warm weather job boost

The unusually warm weather in the United States boosted job creation temporarily by allowing things like more construction activity.
Jobless claims fall to four-year low as economy rebounds

Unemployment assistance applications dropped to a seasonally adjusted 348,000, the lowest level since February 2008. The drop coincides with the best three months of hiring in two years
Paper Economy
Housing permits jump, but housing starts plummet

Single family housing permits increased a whopping 4.9 percent from last month to 472,000 single family units, but single family housing starts plunged 9.86 percent to 457,000 units.
Paper Economy
Housing market goes flat; shows signs of progress

The latest Housing Market Index (HMI) shows a flattening of most measures in March with the composite HMI index remaining unchanged at 28. The "buyer traffic" index stayed put at 22.
Bankruptcy jitters in Stockton. Will other cities fail?

Bankruptcy of Stockton, Calif., looms large as city enters talks with creditors. But most other troubled California municipalities are taking drastic steps to avoid bankruptcy.
Putin's Russia: What I saw as an election observer

A volunteer election observer for Russia's presidential election, which Putin won, shares her insights on ballot-stuffing, absentee ballots, and civic-minded citizens.
Mortgage rates dip again. 15-year loan hits new low.

Mortgage rates for 30-year fixed loan falls to 3.88 percent; 15-year fixed mortgage rates now average 3.13 percent.
Paper Economy
Construction spending perks up

On a month-to-month basis, total residential spending increased 1.78 percent from December and rose 6.73 percent above the level seen in January 2011.
30-year mortgage rate falls to 3.9 percent

30-year mortgage rate falls again to near-record lows. Fixed 30-year mortgage rates have stayed below 4 percent for 13 weeks in a row.
How student-built solar homes can help solve US housing and energy crisis

Few of the homes created by university teams in the Solar Decathlon are ever lived in – despite their extraordinary expense and tax on the environment. Instead of building temporary show houses, schools should build energy-efficient homes for local people who need them.
Stocks close lower after flirting with 13000

The Dow lost 27 points to close at 12938 Tuesday as stocks closed lower for the first time in four trading days.
Housing market showing signs of turnaround

Last year was so dismal, home sales almost certainly have to go up in 2012. If home prices stabilize later this year, as many analysts expect, the housing market will be set for a turnaround.
Paper Economy
Housing market mixed; still fragile

Single family housing permitsincreased 0.9 percent from last month to 445,000 single family units, but single family housing starts declined 1.0 percent to 508,000 units.
30-year mortgage rates stay at record low

30-year mortgage rates average 3.87 percent for the third week in a row. That's the lowest for 30-year mortgage rates since the 1950s, when the long-term loans became popular.