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Car insurance > Reports ? Homebuilder Sector Hits Milestone: All Time Construction Spending High.

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By: Brian Noer

Commerce Department report states that construction spending was at an all time high in September, and that consumer spending is still strong.

POINT ROBERTS, WA. ? November 3, 2005 -, (HBS) a global investment news and research portal for the homebuilder sector, reports that the month of September saw the homebuilding sector hit another milestone. According to a Commerce Department report, construction spending in September reached an all time high of $1.12 trillion as homebuilders took advantage of low interest rates. While September?s interest rates were still low, analysts predict that the Federal Reserve will be hiking rates up to combat inflation concerns as energy prices rise. Even though rates look set to rise, the homebuilding sector is well positioned as many parts of the country need to be rebuilt following recent hurricane activity.

September?s record breaking construction spending followed gains of .6% in both July and August. In recent weeks homebuilder stocks took a hit due to an uncertain outlook on consumer spending, but the Commerce Department report also stated that consumer spending was still strong, which sent sector stocks on a rally. Also on Monday, Centex Corp. announced a share repurchase plan to buy back up to 5 million shares of its common stock. At market close Centex shares traded at $64.34, down 1% from Friday. The nation?s biggest homebuilder D.R. Horton (NYSE: DHI) announced earlier in October that orders for new homes rose nearly 26% in the last quarter.

HBS does not make stock recommendations but offers a unique free information portal for investors to explore news, articles, and recent research. The site is currently compensated by featured companies International Barrier Technology Inc. (IBTGF: OTCBB; IBH: TSXV) and Cyberlux Corporation (OTCBB: CYBL).

Our current list of public companies in the sector includes: Toll Brothers, Beazer Homes USA, Inc., Ryland Group, Brookfield Homes, Centex, Inc., Home Depot, Homestore, Inc., KB Home, Lennar Corporation, Lowe?s, Monterey Homes, Orleans Homebuilders, Inc., Pulte Homes and numerous others.

For the complete list, click here:

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Cyberlux Corporation (OTCBB: CYBL) has created breakthrough lighting technology that provides the most energy efficient and cost effective lighting solutions available today. Several products are designed to address emergencies such as power outages or critical security lighting needs and others which bring newly developed heatless light into the home for use in closets, cabinet interiors and under cabinet lighting for kitchen counters. Cyberlux uses solid-state semiconductors, trademarked as its diodal(tm) lighting elements, which consume 92 percent less energy than incandescent elements and perform for over 20 years in contrast to 750 hours for traditional bulbs. -

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ECON is a privately owned corporate communications company specializing in: media relations, investor relations, and research on public companies and industry sectors, for the investment community. Nothing on our sites should be construed as an offer or solicitation to buy or sell any specific products or securities. All investments involve risk. Past performance does not guarantee future results, therefore investigate before you invest! Although we attempt to research thoroughly, we offer no guarantees as to the accuracy of any information presented. We encourage all investors to use our sites only as a resource to further their own research. The site is compensated by its "Featured Companies,? as outlined in our on-line disclaimer at is compensated by Featured Companies: IBH and CYBL. IBH pays ECON a fee of Eight thousand seven hundred dollars per month, plus 100,000 stock options. Cyberlux Corporation - Four thousand dollars per month. Featured Company on and


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Dawn Van Zant / Brian Noer
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About the author:
HBS does not make stock recommendations but offers a unique free information portal for investors to explore news, articles, and recent research. The site is currently compensated by featured companies International Barrier Technology Inc. (IBTGF: OTCBB; IBH: TSXV) and Cyberlux Corporation (OTCBB: CYBL).

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