http://www.execdigital.com/Construction/ Construction news for executives in the USA. Covering issues in property, infrastructure, health and safety, green issues, economic growth and recession. Heavy equipment maker Caterpillar Inc said on Monday that it would cut white-collar pay by up to 50 percent and offer buyouts to some employees as it looks to cut costs during what it characterized as "uncertain times." http://www.execdigital.com/Construction/Caterpillar-announces-cost-cutting-measures_13551.aspx http://www.execdigital.com/Construction/Caterpillar-announces-cost-cutting-measures_13551.aspx Mon, 22 Dec 2008 18:49:03 GMT Construction Digital US The sickly U.S. labor market showed little sign of improvement last week and continued weakness in the manufacturing sector held out no hope that unemployed workers would find a place in struggling factories. http://www.execdigital.com/Construction/Consumer-prices-and-housing-starts-slump_13174.aspx http://www.execdigital.com/Construction/Consumer-prices-and-housing-starts-slump_13174.aspx Thu, 18 Dec 2008 18:30:54 GMT Construction Digital US U S homebuilder Hovnanian Enterprises posted a slightly narrower quarterly loss on Tuesday but said that the U S housing market showed signs of further deterioration during the quarter http://www.execdigital.com/Construction/Hovnanian-loss-narrows_13209.aspx http://www.execdigital.com/Construction/Hovnanian-loss-narrows_13209.aspx Tue, 16 Dec 2008 23:06:03 GMT Construction Digital US New housing starts and permits plunged to record lows in November, as long-standing problems in the housing market continued to weigh on the U.S. economy, a Commerce Department report showed on Tuesday. http://www.execdigital.com/Construction/October-pending-home-sales-slip-0-7-percent--NAR_12674.aspx http://www.execdigital.com/Construction/October-pending-home-sales-slip-0-7-percent--NAR_12674.aspx Tue, 16 Dec 2008 15:05:38 GMT Construction Digital US The prices of new homes in Canada fell in October for the first time in a decade as booming real estate markets in some western Canadian cities cooled substantially, Statistics Canada said on Thursday. http://www.execdigital.com/Construction/New-home-prices-fall-in-October_12821.aspx http://www.execdigital.com/Construction/New-home-prices-fall-in-October_12821.aspx Thu, 11 Dec 2008 17:30:16 GMT Construction Digital US