Construction Surge News Today : Breaking News, Live Updates & Top Stories | Vimarsana

VettaFi’s vice chairman Tom Lydon discussed the iShares U.S. Home Construction ETF (ITB) on this week’s ETF of the Week podcast.

>> a recent survey by the national association of home builders and wells fargo finds home builders' confidence sagging. staying flat in january and below the 50% mark after eight consecutive growth of months. there, too, there is cause for optimism. the commerce department reported last week that housing starts surged in december. up 19.1% from the month before and setting the fastest pace seen in 4.5 years. multifamily housing, apartment and condos is boosting the construction surge as younger people finally find employment and take flight from the parent's nests. >> now from the first time ...