The Construction Industry And The Economy


New Home Construction Giving Boost to Local Economy –

New Home Construction Giving Boost to Local… "now they're seeing a surge in building, now they need to invest in new vehicles." Gary Grossman says new home construction and rising property prices is good for the economy. "When you s …


Fall in construction – another trigger for rate cut? – Ninemsn

Fall in construction – another trigger for rate cut?NinemsnFor the building and construction industry, mixed economic results in recent times don't provide a clear picture of what's happening in the industry. Land sales are falling, while new home sa …


Eye on the Economy: Builders' Worries Rise with Improving Markets


*Eye on the Economy is an NAHB newsletter that is published every two weeks and takes a larger view of recent economic and housing policy news. Home building is expanding, and that is good news for housing and the


Builders Help Rebuild Economy Plus Buildings « mikeroweWORKS


Builders Help Rebuild Economy Plus Buildings. From the outbox of Meyer's inbox: Is there anything better than walking by a construction site and hearing the sound of jackhammers, nail guns, cement mixers and cranes? Okay, if you're living


The Housing Market is on the Rise: Opportunities in Green Building


The economy is recovering, and vacancy rates are declining. That's great news for the green building industry. This change can be attributed largely to builders creating new units at a rate much closer to the rate of market demand, rather than completely outstripping demand. Declining vacancy rates are beneficial for the economy at large, but also for green building, which gained significant ground last year. With the greater economy picking up, there's even more


Eye on the Economy: Home Builder Confidence Reaches Five-Year


Recent economic data indicate that the overall economy has entered a slow growth period. Nonetheless, during this period economic indicators have generally suggested that housing, and home building in particular, is an


Open Construction Jobs, But No Hiring Surge Yet | Eye on Housing


Open Construction Jobs, But No Hiring Surge Yet. Despite the expansion of home building activity in 2012, construction sector employment growth remains positive if tepid, according to government statistics. For the construction sector For the economy as a whole, the December JOLTS data indicate that the hiring rate dipped slightly to 3.1% of total employment from 3.3% in the previous month. The hiring rate has been in the 3.1% to 3.4% range since January 2011.


Eye on the Economy: Construction is Growing. So Where are the


This has been a good year for home building. Home prices are showing gains and household balance sheets continue to improve. Those developments have spurred increases in home sales and home construction.


Building Permits, Home Values and Builder Confidence are Up

The market that once dragged the economy down seems to be the one now breathing some life into it. real estate market news In November, building permits, a measure for future construction, rose 3.6 percent to 899,000.


Eye on the Economy: The Virtuous Circle of Home Building and


With about half of those jobs created in the construction sector alone, home building has the potential to help transform a sluggish economic recovery into a more robust expansion. It's also true that a faster pace of job creation


Wanted: Builders Building Homes | Realtor Magazine

The inventory of homes for sale peaked at 4.5 million units in 2007, fueling the big drop in home prices that we've seen. Today, we have the opposite problem: Only 2.49 million homes are for sale, even though demand has risen some 10