Construction spending in July reached its highest level in 5 ½ years according to data released by the U.S. Commerce Department. Spending on both private and public construction projects rose 1.8 percent from June to a seasonally adjusted rate of ...

Tagged with: construction spending July 2014 U.S. Commerce Department

The Charlotte metro area experienced the fastest rate of growth in exports in the country, from 2012 to 2013, with exports growing by 69 percent. Strong exports of transportation equipment and machinery accounted for the increase, according to the U.S. ...

Tagged with: Charlotte U.S. Commerce Department

A new national report issued by the U.S. Commerce Department found that in July new housing starts increased significantly to an eight-month high, after two months of disappointing results. But do the numbers reflect a sustained rebound or a momentary ...

Tagged with: Alan Banks Bill Miley Copper Builders Evans Coghill Homes metrostudy U.S. Commerce Department Wade Miller

The annualized rate of new single-family homes sold in November – 464,000 – dipped slightly from October, according to data from the U.S. Commerce Department. New home sales for the month were down 2.1 percent from October’s revised seasonally adjusted ...

Tagged with: Federal Reserve mortgage rates November 2013 U.S. Commerce Department