Thirty-eight states added construction jobs between March 2018 and March 2019, while construction employment increased in 29 states between February and March, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials said the widespread gains show demand for workers remains strong and urged federal officials to enact immigration reforms to boost the supply of qualified…
Read MoreDay: April 25, 2019
Lower Interest Rates Help Boost March New Home Sales
Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 692,000 units in March after a slightly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since November 2017.
Read MoreCat Sales up 5% in First Quarter
Caterpillar Inc. announced total sales and revenues of $13.466 billion in the first quarter of 2019, an increase of $607 million, or 5%, compared with $12.859 billion in the first quarter of 2018. The increase was primarily due to higher sales volume driven by improved demand for both equipment and services, with the most significant increase in Resource Industries. Sales…
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