Construction in Downtown Los Angeles up Contrary to Rest of Country

Construction in Downtown Los Angeles up Contrary to Rest of Country

Construction across the country during the month of May showed signs of a slow down contrary to Downtown Los Angeles which continues to roar forward with high-rise residential activity on nearly every corner. According to the U.S. Commerce Department, approximately one million homes broke ground in May, which represented a 6.5 percent drop from one […]

Construction of Shut-Down Projects Resumes

Construction of Shut-Down Projects Resumes

Monday’s news that construction spending will reach $935 billion this year—the most since 2009—is one sign that the building industry is continuing to recover from the Great Recession. Another is the resumption of construction projects that were shut down in mid-build when financing and demand dried up simultaneously. Those projects had to shut down when […]

Jobs Growth Spurts Again…Or Did It?

Jobs Growth Spurts Again…Or Did It?

March was a good month for jobs growth in the United States and, now that April is in the books, it appears that the job growth spurt is continuing to stoke the economy, spurred by the improvement in the housing market. There is, however, some dark cloud looming on the horizon that could put a […]