U.S. economic data due for release Tuesday includes the weekly Goldman Sachs and Johnson Redbook retail sales reports, and new residential construction.
FORBES: Comex Gold Firmer on Safe-Haven Demand; FOMC in Focus
U.S. economic data due for release Thursday includes the weekly jobless claims report, new residential construction, existing home sales and the FOMC results.
FORBES: Gold Near Steady as Market Place Awaits FOMC Results, Bernanke Press Conference
U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, new residential construction, and the weekly DOE energy stocks report.
FORBES: A.M. Kitco Metals Roundup: Gold Firmer on More Bargain Hunting, Weaker U.S. Dollar
U.S. economic data due for release Thursday includes the weekly jobless claims report, new residential construction, and the Philadelphia Federal Reserve business outlook survey.
FORBES: A.M. Kitco Metals Roundup: Gold Trades Near Steady; Fresh Fundamental Inputs Awaited
U.S. economic reports due for release Wednesday include the weekly MBA mortgage applications survey, new residential construction, and the weekly DOE energy stocks report.
Investment in new residential construction dropped 38% from a year ago.
U.S. economic data due for release Thursday includes the weekly jobless claims report, the producer price index, new residential construction and the Philadelphia Fed business survey.
U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, new residential construction, existing home sales and the weekly DOE energy stocks report.
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs and Johnson Redbook retail sales reports, new residential construction, and industrial production and capacity utilization.
FORBES: Comex Gold Firmer Amid Better Investor Risk Appetite
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs chain store sales index, new residential construction and the weekly Johnson Redbook retail sales report.
FORBES: Comex Gold Backs Off Slightly on Profit Taking After Hitting Another New High Overnight
U.S. economic data due for release Thursday includes the weekly jobless claims report, the consumer price index, real earnings, new residential construction, and the Philadelphia Fed business survey.
U.S. economic data due for release Thursday includes the consumer price index, real earnings, new residential construction, the weekly jobless claims report and the Philadelphia Fed business outlook survey.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Firmer, At 5-Week High, Amid Bullish "Outside Markets"
U.S. economic data due for release Thursday includes the weekly jobless claims report, new residential construction, the Philadelphia Fed business survey and foreign central bank holdings of U.S. debt.
U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, new residential construction, the consumer price index and the weekly DOE liquid energy stocks report.
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs and Johnson Redbook retail sales reports, new residential construction, and the FOMC begins its two-day monetary policy-setting meeting.
FORBES: A.M. Kitco Metals Roundup: Gold Slightly Lower as Market Place a bit Calmer Tuesday
U.S. economic data due for release Thursday includes the weekly jobless claims report, new residential construction, the Philadelphia Fed business outlook survey, and foreign central bank holdings of U.S. Treasuries.
U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, the weekly Goldman Sachs and Johnson Redbook retail sales reports, the producer price index, new residential construction, and the FOMC minutes.
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs chain store sales index, new residential construction, import and export prices, the weekly Johnson Redbook retail sales report, and industrial production and capacity utilization.
FORBES: A.M. Kitco Metals Roundup: Comex Gold Solidly Higher Following Weak Euro Zone Economic Data
U.S. economic data due for release Tuesday includes the weekly Goldman Sachs and Johnson Redbook retail sales reports, the consumer price index, real earnings, new residential construction, industrial production and capacity utilization, and the IMF world economic outlook.
The vacancy rate is around 1%, according to Citi Habitats, and new residential construction activity for the decade starting in 2010 is projected to be the slowest seen since the 1960s, according to the Real Estate Board of New York (REBNY).
FORBES: Surprise! Some Cities Are Actually Experiencing Housing Shortages
If, however, there is new residential or commercial construction, the effort could accommodate other utilities such as phone and cable companies.
Since 2003, housing-related industries have accounted for only 4% of the 7 million in net new jobs (including residential construction, mortgage brokers and Realtors).
The pace of real-estate construction is still slowing: new residential floor space fell 8.2% year-on-year in the first five months of 2012.
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Mohawk Industries, Inc. is engaged in the production and sale of floor covering products for residential and commercial markets for remodeling and new construction primarily in the United States and Europe.
Glenigan, an outfit that tracks construction projects, predicts a gradual recovery of new private residential building, but reckons it will be slowed by scarce mortgage finance.
ECONOMIST: Building firms are struggling to emerge from the recession
These numbers suggest a tremendous shift in the future locations of new American households, with all that implies for retail sales, workforce growth and residential construction demand.
There is enough residential property currently under construction to meet about five years of demand, without new projects being started, up from 2.9 years in 2009.
He thinks new nonresidential construction activity will progress much more slowly and unevenly this year, offering less demand for workers than residential.
FORBES: As Construction Begins Rebound, Looming Labor Shortages Raise Concern
In Atlanta he plans to begin construction early next year on a 270-unit condo tower in the first of up to nine new residential towers to be built on the largest blank slate in the city, a 20-acre parcel.
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