Construction News | Infrastructure News | Data, Analytics, Alerts & Weather
Construction News Everyday. Real Time News and AEC Industry Market Data. Powerful News For The Architectural, Engineering & Construction Industries.

Browsing Tag


MBA “Purchase Index” & “Mortgage Applications” Fall Despite Low Rates

MBA Purchase Index decreased to 271.10 points in the United States on October 29 from 275.60 points the previous week. Purchase Index - MBA Mortgage applications in the United States fell 3.3 percent last week, following a 0.3 percent increase the week before, according to data from the Mortgage Bankers Association. Refinancing

US Private Sector Job Growth Outperforms Expectations- ADP

Private enterprises in the United States hired 571 thousand employees in October 2021, up from a downwardly revised 523 thousand in September and comfortably exceeding market estimates of a 400 thousand gain. It was the fastest employment growth rate since June, as labor demand continued to recover and the summer surge of COVID-19 infections

U.S. Mortgage Applications Sink 6.9%, 30YR Rate 3.14% Week End October 1, 2021

Washington D.C. - Mortgage applications in the United States fell 6.9% in the week ending October 1st, the biggest drop since the last week of June, according to data from the Mortgage Bankers Association, as interest rates continue to rise amid soaring bond yields. Refinancing applications fell 9.6% to the lowest level in three months, while

ADP: U.S. Private Business Adds 568k Jobs in September

Washington D.C. - Employers in the United States have added the most jobs in the last three months per ADP report In September 2021, private enterprises in the United States recruited 568 thousand people, the most in three months, compared to a downward revised 340 thousand in August and exceeding market forecasts of a 428 thousand increase.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More