According to the country's Department of Commerce, in January, construction volumes in the United States expanded by 18.6% to 1 million 230 thousand homes, after a decrease of 14% a month earlier. According to experts, the rise was expected to 1 thousand 197 homes. In the first month of the year, the volume of laying for new homes for one family was 926 thousand, an increase of 25.1%. The volume of laying for apartment buildings showed an increase of 2.4%, reaching 304 thousand. The growth rate of the number of building permits in January accelerated to 1.4% against a 0.3% increase in December. At the same time, according to experts, a reduction of 2.8% was expected. The number of permits for the construction of single-family homes was 2.1% less than a month earlier, which was offset by an increase of 7.2% of permits issued for the construction of apartment buildings.
The economy in the European Union will plunge deeper into recession for 2020 and may recover only slightly in 2021 than previously thought, the European Commission predicted on Tuesday. The downbeat assessment of Europe's economy comes as ...
Forex analysts revised their forecasts for the Australian and New Zealand dollars but were left behind the market that has already exceeded the one-year target. Aussie forecasts were raised to $0.6400 in a month, $0.6450 in three months, and ...
Australia is set to launch its fourth economic stimulus package aimed at providing eligible residents the opportunity to renovate their homes. The scheme was announced by Prime Minister Scott Morrison on Thursday as the country attempts ...
For the first time since January, the services industry of China recorded its growth in May, signaling the start of economic recuperation from stagnation due to lockdown measures implemented amidst the outbreak of the coronavirus. However, ...
Australia’s economy may contract significantly, according to the minutes of the meeting released by Australia’s central bank on Tuesday. The sharp economic reversal is expected to occur in the latter part of the second quarter ...