/news/2010/06/16/home-construction-hits-five-month-low/ Building and Construction News in Portland, Oregon and the Pacific Northwest Fri, 08 Apr 2011 09:35:38 +0000 hourly 1 https://wordpress.org/?v=6.6.6 /news/2010/06/16/home-construction-hits-five-month-low/#comment-57309 Fri, 08 Apr 2011 09:35:38 +0000 /?p=55112#comment-57309 Construction spending, an important driver of the economy, has been in freefall for months. The construction sector has gotten so weak, spending in Feb. reached its lowest level since the fall of 1999. Foreclosures and short sales are the primary culprit, as they stifle new home building, the traditional driver for the entire sector . The proof is here:

]]> /news/2010/06/16/home-construction-hits-five-month-low/#comment-28218 Thu, 17 Jun 2010 05:05:16 +0000 /?p=55112#comment-28218 […] The rest is here: Home construction hits five-month low – Daily Journal of Commerce […]

]]>