Construction sector performance

FILE - In this April 27, 2020 file photo shows a sale pending sign on a home in Mount Lebanon, Pa The National Association of Realtors releases its April report on pending home sales, which are seen as a barometer of future purchases on Thursday, May 28.(AP Photo/Gene J. Puskar, File)
1010 WINS Newsroom
May 28, 2020 - 10:06 am
BALTIMORE (AP) — April had a record collapse in Americans signing contracts to buy homes, a reflection of the broader shutdown of economic activity in response to the coronavirus outbreak. The National Association of Realtors said Thursday that its pending home sales index plunged 21.8% from the...
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Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. U.S. new home sales fell 4.4% in February with bigger declines expected in coming months as the coronavirus puts a major crimp on home sales. (AP Photo/Keith Srakocic)
1010 WINS Newsroom
May 26, 2020 - 10:38 am
BALTIMORE (AP) — U.S. new home sales ticked up 0.6% in April, a surprising gain amid the coronavirus outbreak that hints at the relative health of potential buyers. The Commerce Department reported Tuesday that sales of new single-family homes rose slightly to a seasonally adjusted annual rate of...
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A construction crew loads dirt on a building site, Monday, May 18, 2020 in East Greenwich, N.J. (AP Photo/Matt Slocum)
1010 WINS Newsroom
May 19, 2020 - 9:30 am
WASHINGTON (AP) — U.S. home building plunged in April to the lowest level in five years, taken down by the economic fallout from the coronavirus pandemic. The Commerce Department said Tuesday that ground breakings plummeted 30.2% last month to a seasonally adjusted annual rate of 891,000. That is...
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1010 WINS Newsroom
May 01, 2020 - 10:40 am
WASHINGTON (AP) — U.S. construction spending edged up 0.9% in March as building activity escaped the early impacts of the coronavirus shutdowns. The Commerce Department said that the increase followed a 2.5% drop in spending in February. Economists had been forecasting another decline in March as...
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FILE - This Aug. 15, 2005, file photo, shows a housing development with the Las Vegas Strip in the background. Las Vegas-area home prices hit a record high in March, ahead of the economic shutdown prompted by the coronavirus pandemic. Las Vegas Realtors reported Tuesday, April 7, 2020, the median sales price of previously owned single-family homes climbed to $319,000, topping the previous record $316,000 set in February and up 6.3% from March 2019. Home sales were up 5.2% during the month, and up 11.7% for condominiums and townhouses. (AP Photo/Joe Cavaretta, File)
1010 WINS Newsroom
April 28, 2020 - 9:03 am
WASHINGTON (AP) — U.S home prices were rising at a steady pace in February, before the viral outbreak shuttered much of the economy and caused a sharp decline in home sales. March sales of new and existing homes then plummeted as much of the U.S. population sheltered in place. The S&P CoreLogic...
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This April 16, 2020 photo shows a real estate company sign that marks a home for sale in Harmony, Pa. U.S. new home sales plunged 15.4% in March as the lockdowns that began in the middle of the month began to rattle the housing market. The Commerce Department reported Thursday, April 23, that sales of new single-family homes dropped to a seasonally ajdjusted annual rate of 627,000 last month after sales had fallen 4.6% in February. (AP Photo/Keith Srakocic)
1010 WINS Newsroom
April 23, 2020 - 10:59 am
WASHINGTON (AP) — U.S. new home sales plunged 15.4% in March as a winding down in the middle of the month due to the coronavirus began to rattle the housing market. The Commerce Department reported Thursday that sales of new single-family homes dropped to a seasonally adjusted annual rate of 627,...
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The American flag flutters in the wind as work is done on the roof of a building under construction in Sacramento, Calif., Tuesday, March 31, 2020. While most Californian's have spent more than a week under a mandatory stay-at-home order, because of the coronavirus, construction work is among the jobs exempt as part of the "essential infrastructure." (AP Photo/Rich Pedroncelli)
1010 WINS Newsroom
April 01, 2020 - 10:33 am
WASHINGTON (AP) — Spending on U.S. construction projects fell 1.3% in February with housing and nonresidential construction both showing weakness even before the coronavirus struck with force in the United States. The Commerce Department said Wednesday that the February decline followed a 2.8% rise...
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FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. Construction of new homes fell again in February 2020, but not as much as the previous month. Those declines follow a December surge which had pushed home construction to the highest level in 13 years. (AP Photo/Steven Senne, File)
1010 WINS Newsroom
March 18, 2020 - 9:40 am
WASHINGTON (AP) — Construction of new homes fell again in February, but not as much as the previous month. Those declines follow a December surge which had pushed home construction to the highest level in 13 years. Builders started construction on 1.60 million homes at a seasonally adjusted annual...
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1010 WINS Newsroom
March 02, 2020 - 10:04 am
WASHINGTON (AP) — Spending on U.S. construction projects rose to an all-time high in January, helped by strong gains for home construction and government building projects. The Commerce Department said Monday that construction spending increased 1.8% in January, the strongest monthly rise in nearly...
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In this Feb. 20, 2020, photo a framing crew builds a home in Raymond, N.H. On Wednesday, Feb. 26, the Commerce Department reports on sales of new homes in January. (AP Photo/Charles Krupa)
1010 WINS Newsroom
February 26, 2020 - 10:03 am
WASHINGTON (AP) — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth. The Commerce Department said Wednesday that new homes sold at a seasonally adjusted annual rate of 764,000 last month. That’s the highest sales rate since...
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