The total housing starts decreased by 30.2% in April to a seasonally adjusted annual rate of 891,000 units, according to a report from the U.S. Housing and Urban Development and Commerce Department. The April reading of 891,000 starts is the number of housing units builders would begin if they kept this pace for the next […]

Total housing starts decreased 1.5% in February from an upwardly revised January reading to a seasonally adjusted annual rate of 1.60 million units, according to a report from the U.S. Housing and Urban Development and Commerce Department. Meanwhile, overall permits declined 5.5% to 1.46 million. The February reading of 1.60 million is the number of […]

Are we heading into a recession? That was the question on many people’s minds at the 81st Annual Dodge Construction Outlook Conference in Chicago, as economic growth begins to slow. The answer is that a recession is not likely within the next 12 months, according to two economists, but a slowdown is headed for the […]