Residential



Profit at Caterpillar rises on sales hike

ConDig (26-Jul-17).  Profit at construction equipment supplier Caterpillar Inc shot up 46% in the second quarter as sales increased 10%. The Peoria, Illinois-based company posted profit of $802 million in the three months ended June…



Housing starts rebound 8.3% in June

ConDig (20-Jul-17).  Construction of new homes in the US picked back up in June, rising 8.3% from the month prior to a seasonally adjusted annual rate of 1.215 million compared with May’s upward-revised total of…


Construction spending flat in May

ConDig (03-July-17). US construction spending was flat in May compared with the month prior as a fall in homebuilding was offset by an uptick in nonresidential construction, according to latest Commerce Department figures. Overall construction…