• Economic Roundup: Rising Mortgage Rates May Bite Into U.S. Housing

    10 days ago - By Economy

    Starts fell in April, but mortgage rates could become a bigger issue.
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  • U.S. House budget writers sign off on $49M for Savannah Harbor

    U.S. House budget writers sign off on $49M for Savannah Harbor

    10 days ago - By Biz Journals

    The U.S. House Appropriations Committee Wednesday approved President Donald Trump's request for $49 million for the deepening of Savannah Harbor.
    The federal money for fiscal 2019, combined with $35 million Georgia lawmakers included in next year's state budget, would put another $84 million toward the $973 million project.
    The Savannah River is being deepened from 42 feet to 47 feet to enable the Port of Savannah to handle a new generation of giant containerized cargo ships.
    "The Savannah Harbor...
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  • U.S. housing starts, building permits fall sharply

    10 days ago - By Reuters

    U.S. homebuilding tumbled in April and permits fell, suggesting the housing market continued to tread water amid shortages of land and skilled labor. Aleksandra Michalska resports.
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  • U.S. Housing Shows Signs of Higher Sensitivity to Mortgage Rates

    11 days ago - By Economy

    Permits are running lower than single-family starts, implying some weakening ahead.
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