Topic: Real Estate Sector

Granite Construction gets WTC PATH contract

Granite Construction, Skanska USA get $542M contract for PATH station at Trade Center siteGranite Construction Inc., a contractor and producer of construction materials, said Wednesday it is part of a joint venture that received a $542 million contract with the Port Authority of New York and New Jersey. The company ...
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Summary Box: Housing construction falls in Feb.

Summary Box: February snows depress housing construction with permit applications also downHOUSING STARTS: Construction of new homes and apartments fell 5.9 percent in February to a seasonally adjusted annual rate of 575,000 units. SNOW EFFECT: Economists blamed the heavy snowstorms that hit the East Coast, noting that the ...
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Bad weather depresses housing starts in February

WASHINGTON (Reuters) - U.S. housing starts fell last month as winter storms disrupted construction, and another drop in building permits suggested the weakness would linger. Though the data on Tuesday was an indication home building would clip economic growth in the first quarter, it was not as weak as analysts ...
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Housing starts, permits fall in February

WASHINGTON (Reuters) - Housing starts and permits to build new homes both fell in February as winter storms in some parts of the country disrupted home building, a government report showed on Tuesday. The Commerce Department said housing starts fell 5.9 percent to a seasonally adjusted annual rate of 575 ...
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