By Bob Tita, Of DOW JONES NEWSWIRES President Obama's administration is committed to completing the free-trade agreements started by the Bush administration, U.S. Trade Representative Ron Kirk says. Agreements with Panama, Colombia, and South Korea are progressing. Caterpillar Inc. (CAT), the world's largest manufacturer of construction equipment, has lobbied aggressively in support of the trade … Continue reading U.S. is committed to completing free-trade agreements
Employment in the U.S. has increased by the largest rate in three years, while the unemployment rate remains the same at 9.7%. The construction industry posted its first jobs gain since 2007, though there is caution that the jobs "rebound" is due to better weather than the month of February, which suffered record snowfalls across … Continue reading March Unemployment Figures
February construction spending numbers were released Thursday, one day before the March unemployment figures are set to be released. Construction spending has decreased to the lowest level since November 2002. For more information, check here.