U.S. Construction Annual Spend Rate at $827 Billion in January

Based on the latest U.S. Department of Commerce construction data, U.S. construction spending during January 2012 was estimated at a seasonally adjusted annual rate of $ 827.0 billion, 0.1 percent (±1.1%) below the revised December estimate of $ 827.6 billion. The January figure is 7.
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U.S. Pending Home Sales Index Upticks 2% in January

Lawrence Yun According to the National Association of Realtors (NAR), pending home sales in the U.S. are on an upward trend, which has been uneven but meaningful since reaching a cyclical low last April, and are well above a year ago. NAR’s Pending Home Sales Index, a forward-lo
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U.S. Hotel Market Reports Performance Increases in January

According to STR, the U.S. hotel industry in January reported increases in all three key performance metrics. Overall, the U.S. hotel industry’s occupancy rose 4.1 percent to 49.4 percent, its average daily rate was up 3.9 percent to US$ 100.74 and its revenue per available room
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