home building

The Top 10 Growth Industries for 2011

After the long downturn, the coming year will present an opportunity for many industries to rejuvenate themselves. Independent researcher IBISWorld sorted through the data on 711 U.S.-based industries to give its predictions of the 10 top performing industries for 2011.

Homebuilder Confidence Index Goes Nowhere

Technically, the home builder sentiment index inched one point higher to 16 in November, the National Association of Home Builders said Tuesday, but the gain was offset by a revised one-point dip in October%u2019s sentiment reading, and the numbers remain well below those seen during a healthy housing market.

Construction Sector Woes Worse Than Expected in July

The U.S. construction industry went from bad to worse in July, and then retroactively worse still. The Commerce Department announced Wednesday that spending in the sector fell a worse-than-expected 1% in July, and revised June's estimate downward from a 0.1% increase to an 0.8% decline.

Shaky Real Estate: Weak Housing Starts Rise in July

July housing starts inched up to 546,000, a lower-than-expected rate that's an increase on June only because the previous month's total was revised downwards. Housing starts are now 7% lower in the past year, despite the home buyer tax-credit program.

The 'Mancession' Ebbs as Recovery Revives Male Hiring

The Great Recession had a disproportionately high impact on male unemployment. But now, the tentative recovery is driving job gains in areas like construction and financial services, helping male hiring regain lost ground -- some good news for Father's Day.