Construction spending has risen 0.8 percent in April, defying economists' forecasts for a decline.
ATLANTA -- There were Cutbacks this weekend from a top national homebuilder as the Commerce Department reports construction of single family homes was at a 17-year low in June.
The latest to feel the economic downturn is the Georgia Division of Pulte Homes.
The Company confirmed that it's cutting 11 percent of its Georgia staff, or some 24 employees out of a staff of 200.
Pulte says the jobs cut across all parts of the Company except sales, and that workers will be given a chance to apply for other positions within the national organization.