Economy: Page 88
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ABC: Construction confidence inches up — but 'economy refuses to boom'
Profit margin expectations are nearing a three-year high, but hiring intentions are down due to the ongoing skilled labor shortage.
By Kim Slowey • Oct. 16, 2015 -
Study: Indianapolis most affordable U.S. housing market
Six Ohio cities made NerdWallet's list of the most affordable metro areas, based on how many square feet of a house an average family can afford.
By Kim Slowey • Oct. 16, 2015 -
Construction material prices plummet 1.6% amid 'weak demand for global commodities'
A struggling global economy and fears of a Fed interest rate hike contributed to the decline, according to the ABC.
By Emily Peiffer • Oct. 14, 2015 -
Record-setting Nashville construction transforming city skyline
As more than 100 new projects, worth a total of $2 billion, are either underway or in the planning stages, some residents are concerned about losing the city's identity.
By Kim Slowey • Oct. 14, 2015 -
Not-so-high times in the Denver housing market
The Colorado cannabis boom has caused Denver housing prices to soar 17%.
By Kim Slowey • Oct. 13, 2015 -
Anchorage considers building ordinance updates to aid development
Anchorage residents and businesses favor the ordinance, as long as it spurs development without blocking the winter sun.
By Kim Slowey • Oct. 13, 2015 -
U.S. construction firms' financial health starting to stabilize
Credit research firm Creditsafe found the number of high-credit-risk construction companies is down 5.8% from a year ago.
By Kim Slowey • Oct. 9, 2015 -
Dodge Momentum Index rises 5.8% as institutional sector rallies
The report offered more good news, as both increased commercial and institutional activity drove the index higher.
By Kim Slowey • Oct. 9, 2015 -
Study: Soccer stadium construction would boost Sacramento economy
The impact of sports arena construction has been an ongoing debate, as other reports have found that new stadiums don't always benefit the local economy.
By Kim Slowey • Oct. 7, 2015 -
Why does a housing boom lead to declining college enrollment?
A National Bureau of Economic Research study found that during the last U.S. real estate market explosion, college enrollment fell approximately 30% among adults aged 18 to 25.
By Kim Slowey • Oct. 6, 2015 -
CoreLogic: Home prices rise 1.2% in August as economic forces 'dampen demand'
The Home Price Index offers a positive sign for the housing market, as many residential experts have been waiting for a slowdown in price gains.
By Emily Peiffer • Oct. 6, 2015 -
REIS: Apartment market growth leveling off
The multifamily boom fueled by the housing crash appears to be slowing down as vacancies start to rise.
By Kim Slowey • Oct. 5, 2015 -
ABC: Construction one of 'few bright spots' in September jobs report
However, the AGC cautions that the ongoing labor shortage is holding back the industry from adding even more positions.
By Kim Slowey • Oct. 5, 2015 -
August construction spending climbs 0.7% with boost from homebuilding
Reuters said the residential gains represented "a sign the housing market was helping the overall economy."
By Emily Peiffer • Oct. 1, 2015 -
S&P/Case-Shiller: Year-over-year home prices rise 5% in July
The month's price gains represent the sixth consecutive month of home price increases in the 5% range.
By Kim Slowey • Sept. 30, 2015 -
Pending home sales fall 1.4% in August as buyers are 'bounded by prices, lack of inventory'
The NAR report reinforced predictions that the housing market is somewhat slowing down after a promising first half of 2015.
By Emily Peiffer • Sept. 29, 2015 -
Realtor.com survey: Don't count millenials out as homebuyers
The survey results contradict the commonly accepted theory that the number of renters will continue to increase as millennials avoid homeownership.
By Kim Slowey • Sept. 28, 2015 -
SolarCity plant boosts Buffalo, NY, construction hires as region's industry employment soars
Despite the area's recent boom in construction hiring, the president of the local Building Trades Council said he isn't worried about finding workers to meet the demand.
By Kim Slowey • Sept. 28, 2015 -
Rise in new home sales points to continuing housing recovery
The August results beat out estimates by surveyed economists, who had expected a rate of 515,000.
By Deborah Barrington • Sept. 24, 2015 -
AIA: Billings drop in August, volatility a key factor
The ABI figure indicates a decrease in design services, but an economist claims there is no cause for concern.
By Kim Slowey • Sept. 24, 2015 -
Milwaukee mayor signs deal giving $47M to new Bucks arena complex
The agreement paves the way for construction to begin on the $500 million basketball complex.
By Kim Slowey • Sept. 24, 2015 -
Global construction risk rises to 4-quarter high
The U.S. improved its risk profile on the index but was overshadowed by the poor performance of emerging nations.
By Kim Slowey • Sept. 24, 2015 -
Zillow: 'Slow' markets see staggering percentages of homes losing value
Across the U.S., homes appreciated an average of 3.3% between August 2014 and August 2015, while more than a quarter of properties lost value.
By Kim Slowey • Sept. 23, 2015 -
August existing home sales fall 4.8% amid rising prices, lack of inventory
Coupled with the recent report of a decline in August housing starts, does this report signal more bad news for the housing market's recovery?
By Kim Slowey • Sept. 22, 2015 -
Study: More than a quarter of U.S. renters spend half of income on housing
On the other hand, the percentage of households that spent 30% of their income on housing dropped in 2014 to a nine-year low.
By Kim Slowey • Sept. 22, 2015