Construction | featured news

Construction spending rises in September

Construction spending in September posted a better-than-expected performance, powered by the largest jump in housing construction in more than six years.

 

Caterpillar to axe 2,500 workers

Caterpillar, the world's largest maker of construction and mining equipment, says it will permanently cut 2,500 jobs.

 

Pentagon seeks $1.3 billion for Afghan projects

The U.S. military is spending billions of dollars on construction projects to ensure Afghanistan's infrastructure can support American and coalition personnel in 2010 and years beyond.

 

Obama puts union strings on federal jobs

Delivering on President Obama's promise to boost the labor movement, the administration has announced a $35 million federal construction project in New Hampshire that requires union representation for the workers and forces nonunion employees to pay dues and contribute to a union pension fund.

 

New Home Construction Falls

Unexpected decline is reported despite continued improvement in market for single-family homes.

 

Housing starts, building permits jump in June

Housing starts, building permits jump in June

Construction of new homes rose in June to the highest level in seven months, a sign builders are starting to regain confidence ...

 

Citi to Lend $5 Billion in TARP Funds

Citigroup will lend up to $5 billion in TARP funds in a municipal program to help finance construction of schools, airports, hospitals and other infrastructure products.

 

Stocks Surge in Morning Trading

Wall Street climbs on reports that show growth in construction spending, new home sales.

 

Firms deny buying workers' data

Several firms accused of subscribing to a secret database of building workers' details have denied any wrongdoing.

 

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