Home Construction News
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SunPower Corp., the second-largest U.S. solar manufacturer, expects photovoltaic panels to become a standard feature in new home construction in the U.S., Chief Executive Officer Tom Werner said.
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More Americans than projected filed claims for jobless benefits last week and manufacturing in the Philadelphia region unexpectedly shrank in May, signs the slowdown in growth is rippling through the U.S. economy.
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Just a year since the U.S. housing market hit bottom after the biggest plunge in eight decades, signs of excess are re-emerging.
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The Canadian dollar reached a 12-week high versus its U.S. counterpart as a surge in metal prices boosted commodities and renewed confidence in global growth.
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Net heavy truck orders have been above 20,000 since December, an indication trucking companies are doing more than just swapping out aging tractors for new ones.
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Even as U.S. housing rebounds from its worst downturn since the 1930s, production bottlenecks are pushing up building-materials costs, land prices are rising and skilled labor ready to begin work is hard to find.
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Previously owned U.S. home sales unexpectedly dropped in March as a lean supply of properties kept the industry from generating a stronger recovery.
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New-home construction in the U.S. climbed in March to the highest level in almost five years, propelled by a surge in multifamily building that will support economic growth.
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Confidence among consumers fell in April to a three-month low as Americans grew more pessimistic about the outlook for the economy.
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Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing.
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