A new forecast by the National Association of Home Builders (NAHB) is predicting that the construction industry will mount a turnaround in 2012, although the real gains may not be seen for another year, reports The Associated Press.

While farmers contribute to the bulk of food-growing in the United States, from time to time other organizations may get involved with their own fields. This is especially true of non-commercial farming, such as agriculture used for research and education. Often, these are funded by state and federal grants in order to assist non-farmers with getting their fields planted and harvested.

After years of delays, construction has finally begun on a derelict hospital in the Hell's Kitchen area of Manhattan, after neighbors complained of numerous issues with the building.

IronPlanet CEO Greg Owens was recently interviewed by the Wall Street Journal on the upcoming IPO of Facebook. On February 1, the social media giant registered with the United States Security and Exchange Commission for an initial public offering. The news has caught the attention of many investors and companies like IronPlanet, which are already in IPO registration.

U.S. farmers will plant one of the biggest crops in decades this year, as the amount of acreage set aside for planting will increase by 2.5 percent, reports Bloomberg.

The Federal Transit Administration has given Honolulu officials the green light to move forward with a $185 million railway construction project. According to Honolulu Civil Beat, the city hopes to receive an additional $1.5 billion in federal funding before the project has concluded. In the meantime, foundational work is set to begin.

Everyone knows Jay Leno has a vast collection of cars, trucks and collectible machinery. So it's no surprise he's able to part with certain items for a good cause.

A $94 million streetcar construction project in Atlanta is now underway thanks to the efforts of Transportation Secretary Ray LaHood and Mayor Kasim Reed. According to The Associated Press, the two believe this project will bring a great increase of tourism to the city, as well as provide a number of jobs to locals.

Steven K. Reviczky, Connecticut's Agriculture Commisioner, announced a $5 million initiative aimed at restoring the state's farmland. Dubbed the Farmland Restoration Program, the state will match grants up to $20,000 to those who would like to improve their land and increase their soil's output.

This past January, factories in the United States showed the most growth in seven months, according to The Associated Press. Additionally, builders continued to find more work for the fifth straight month. This news further exemplifies the fact that the U.S. economy has begun 2012 on a relatively strong note.