US Housing Construction Up 15 Percent in September - 8 News NOW

US Housing Construction Up 15 Percent in September

Posted: Updated:
  • BusinessMore>>

  • David Letterman's departure will reshape late-night TV in 2015

    David Letterman's departure will reshape late-night

    Saturday, April 5 2014 1:30 AM EDT2014-04-05 05:30:18 GMT
    NEW YORK -- David Letterman is expected to announce his retirement from CBS next year on Thursday evening's show, according to multiple sources. "The Late Show with David Letterman" airs at 11:35 p.m.More>>
    Jimmy Fallon's fast start replacing Jay Leno on the "Tonight" show the past two months had a secondary effect: David Letterman suddenly seemed old. Letterman said he is retiring next year.
    More>>
  • Nevada Approves Tax Credit for Mall Cop 2

    Nevada Approves Tax Credit for Mall Cop 2

    Monday, March 17 2014 2:03 PM EDT2014-03-17 18:03:39 GMT
    CARSON CITY, Nev. (AP) -- Nevada's economic director has approved $4.3 million in transferrable film tax credits for the production of "Mall Cop: Blart 2" in Las Vegas. Sony Pictures plans to shoot theMore>>
    Nevada's economic director has approved $4.3 million in transferrable film tax credits for the production of "Mall Cop: Blart 2" in Las Vegas.More>>
  • Dozen With Local Ties Make Forbes Billionaires List

    Dozen With Local Ties Make Forbes Billionaires List

    Monday, March 3 2014 6:05 PM EST2014-03-03 23:05:04 GMT
    LAS VEGAS -- The latest Forbes world ranking of billionaires includes plenty of familiar faces, including a dozen with ties to Southern Nevada. Those with local connections are headed by Las Vegas SandsMore>>
    The latest Forbes world ranking of billionaires includes plenty of familiar faces, including a dozen with ties to Southern Nevada.More>>

WASHINGTON (AP) -- U.S. builders started construction on single-family homes and apartments in September at the fastest pace since July 2008, a further indication that the housing recovery is strengthening.

The Commerce Department said builders broke ground at a seasonally adjusted annual rate of 872,000 in September. That's an increase of 15 percent from the August level. Applications for building permits, a good sign of future construction, jumped nearly 12 percent to an annual rate of 894,000, also the highest since July 2008.

The strength in September came from both single-family construction, which rose 11 percent, and apartments, which increased 25.1 percent.

Construction activity is now 82.5 percent higher than the recession low hit in April 2009, although activity is still below healthy levels.

  • Las Vegas NewsLas Vegas NewsMore>>

  • State finds adults changed student answers on tests at Kelly Elementary

    State finds adults changed student answers on tests at Kelly Elementary

    Wednesday, April 16 2014 6:57 PM EDT2014-04-16 22:57:43 GMT
    LAS VEGAS -- The state says that one or more adults at Kelly Elementary School changed answer sheets on standardized test given in spring 2012. More>>
    The state says that one or more adults at Kelly Elementary School changed answer sheets on standardized test given in spring 2012. However, they have not been able to determine which individual or individuals did it.More>>
  • Gloria Lee Pleads 'Not Guilty' in most recent charges

    Gloria Lee Pleads 'Not Guilty' in most recent charges

    Wednesday, April 16 2014 2:22 PM EDT2014-04-16 18:22:26 GMT
    LAS VEGAS -- The woman accused of setting fire to her pet store pleaded not guilty to charges of insurance fraud. Gloria Lee appeared in Clark County District Court Wednesday morning. She was indictedMore>>
    The woman accused of setting fire to her pet store pleaded not guilty to charges of insurance fraud.More>>
  • Henderson budget shortfall could mean higher taxes, fees

    Henderson budget shortfall could mean higher taxes, fees

    Henderson budget shortfall could mean higher taxes, fees

    Wednesday, April 16 2014 8:32 PM EDT2014-04-17 00:32:40 GMT
    HENDERSON, Nev. -- The City of Henderson is staring down the barrel of a $19 million budget shortfall.Proposed ways to bridge the gap include cutting services at local parks and recreation centers and increasing property taxes.City officials say they want to hear from the public on the best way to make the cuts and what community members think about paying more to use city services.Kim Dacasshe is a regular at Henderson Multigenerational Recreation Center. She brings her son Christian to the ...More>>
    HENDERSON, Nev. -- The City of Henderson is staring down the barrel of a $19 million budget shortfall.Proposed ways to bridge the gap include cutting services at local parks and recreation centers and increasing property taxes.City officials say they want to hear from the public on the best way to make the cuts and what community members think about paying more to use city services.Kim Dacasshe is a regular at Henderson Multigenerational Recreation Center. She brings her son Christian to the ...More>>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KLAS. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.