Both residential and non-residential spending experienced annual declines, with manufacturing experiencing the sharpest ...

The number of building permits issued for new apartment units dropped by 63 percent in 2024 when compared to the previous year, causing a “dramatic cooling off” of the commercial construction sector ...

U.S. construction spending rose 0.5% in October, beating forecasts as home renovations boosted residential investment despite ...

New US residential construction declined in May to the slowest pace since the onset of the pandemic as an elevated inventory of homes for sale and high mortgage rates sapped the motivation to build.

Hiring a contractor can be both stressful and expensive for any homeowner. Frequently, a difficult hurdle for any homeowner is the first one: finding a contractor willing to do the job. This means ...

In today’s report, new home sales fell short of sales estimates and experienced negative sales revisions, while inventory levels increased, which explains why residential construction is in a ...

Economic activity – growth and job creation – has remained remarkably strong for several years now. That resilience in the face of substantial headwinds such as higher interest rates and rising oil ...