Tags: seasonally adjusted rate

Housing starts increase 7 percent in March to highest rate in almost five years

Apr 17, 2013

Housing starts increase 7 percent in March to highest rate in almost five years

Preliminary data from the U.S. Commerce Department showed a 7-percent increase in housing starts in March, the highest level since June 2008, our sister site, Equipment World, reported. In addition to its 7-percent increase over the revised February estimate of 968,000, ...

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Construction spending up 1.2 percent in February

Apr 05, 2013

Construction spending up 1.2 percent in February

Our sister site, Equipment World, reported this week on a 1.2-percent increase in construction spending  in February. These figures follow a 2.1-percent decrease in January, bringing the seasonally adjusted rate to $885.1 billion. That number up 7.9 percent year-over-year, and Equipment ...

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