Washington DC -June 1- Construction spending was $869.1 billion in April 2010, 2.7% above March 2010, but 10.5% below April 2009, according to the U.S. Department of Commerce.

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Washington DC -May 17– Builder confidence in the market for newly built, single-family homes rose for a second consecutive month in May to its highest level in more than two years, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI gained three points to 22 in May, its highest point since August of 2007.

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Washington DC -May 3- The U.S. Census Bureau of the Department of Commerce announced today that construction spending during March 2010 was estimated at a seasonally adjusted annual rate of $847.3 billion, 0.2 percent (±1.3%)* above the revised February estimate of $845.5 billion.

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Washington DC -April 21— The United Steelworkers (USW) today urged the oil industry to monitor safety conditions at refinery construction sites in light of yet another death in the industry yesterday of a contractor on the Motiva Enterprises expansion project in Port Arthur, Texas.

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Washington DC -April 19- “Bureaucracy is the death of all sound work,” said Albert Einstein, sharing a popular view about bureaucracy grinding progress to a halt.

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Washington DC -April 16- Privately-owned housing starts in March were at a seasonally adjusted annual rate of 626,000. This is 1.6 percent (±15.2%)* above the revised February estimate of 616,000 and is 20.2 percent (±15.3%) above the March 2009 rate of 521,000.

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Washington DC - April 15 - Industrial production edged up 0.1 percent in March and increased at an annual rate of 7.8 percent in the first quarter.Capacity utilization for total industry advanced 0.2 percentage point to 73.2 percent, 3.7 percentage points above the rate from a year earlier.

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Washington DC - April 6 - Build America Bonds have had a very strong reception from both issuers and investors.  From the inception of the program in April 2009 to March 31, 2010, there have been 1,066 separate Build America Bonds issuances in 48 states for a total of more than $90 billion.

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Washington DC - April 5 - Economic activity in the non-manufacturing sector grew in March for the third consecutive month, say the nation’s purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business®.

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Washington DC - April 5 - Payroll employment in the construction industry in March rose by 15,000, seasonally adjusted, the first gain since June 2007, according to federal employment figures just released.

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Washington DC - April 2 - Construction spending tumbled in February by $11.6 billion, or 1.3 percent, to $846 billion, a low last recorded in 2002, according to an analysis of new federal figures by the Associated General Contractors of America.

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Washington DC - April 2 - Nonfarm payroll employment increased by 162,000 in March, and the unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reported.

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Washington DC - April 1 - The Federal Railroad Administration (FRA) this week will begin accepting applications for $115 million in planning and construction project funds for high-speed intercity passenger rail.

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Washington DC - April 1 - The U.S. Census Bureau of the Department of Commerce announced that construction spending during February 2010 was estimated at a seasonally adjusted annual rate of $846.2 billion, 1.3 percent below the revised January estimate of $857.8 billion.

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Washington DC - April 1 - The federal government is providing more than $338 million to states across the nation to cover costs incurred to repair roads and bridges damaged by a variety of natural emergencies and catastrophic events, U.S. Secretary of Transportation Ray LaHood announced.

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