So, with few vacant homes and few new homes under construction we would expect this inventory decline to be chocked off by a decline in demand.
Everyone knew this moment signified a major milestone of the construction and we were lucky to be a part of it.
Folks have started building and there are 4 houses complete and another 5 or so under construction so we are still in the early phases.
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"December is a big month for construction because we've had really bad snow for the last two Decembers, so that may yet save us from a fractionally negative (GDP) reading, " he said.
We will put construction workers back to work and we will rebuild homes all across Nevada and all across the country.
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"If it indeed is a construction violation, we will deal with it, " he said.
Within a few years his little chips may help change everything from the cost of construction to how we fight forest fires--even the way we communicate.
If a tornado knocks out a shopping center, a handful of grocery stores, all the hardware stores, lumber yards, and a handful of construction companies, we simply have less stuff to go around.
The WiFi remote that comes with the Hero3 Black Edition is similarly solid in its construction, though we wish it had the same textured skin as the camera instead of its smooth exterior.
Or should we put construction workers and teachers back on the job? (Applause.) Should we keep tax breaks for millionaires and billionaires?
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So, many who held those jobs went to work in the construction industry, as we had the housing boom.
Pass this bill and we put construction crews back to work across the country repairing and modernizing at least 35, 000 schools.
"We expect construction spending will continue to grow modestly in 2013, and rail equipment spending will see a faster rebound in 2013, " Richard Wei, head of Asia transport research at UBS, wrote in a research report.
How can we get construction moving?
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We have approved the construction of new barrier islands in Louisiana to try and stop the oil before it reaches the shore, and we are working with Alabama, Mississippi, and Florida to implement creative approaches to their unique coastlines.
Second, we should put construction workers back on the job to repair our crumbling infrastructure.
"We began the construction of a path, " the opposition coalition candidate told supporters after conceding his defeat.
Yet legions of skilled construction workers remain unemployed while we drive our cars over pothole-laden roads and creaky bridges.
High on the construction boom years ago, we built too much, and now must let the market settle as the excess supply thins out.
"We anticipate that construction should start by the end of this month, " said Jon Hanson, a real estate executive who is Christie's adviser on the sports and entertainment industries.
We see that construction spending fell by 20 percent, for instance, which is a sizable number - but that was offset by the fact that consumer spending was higher than expected.
"We think residential construction will continue to support economic growth, but it will be difficult to offset weakness in other parts of the economy, like manufacturing, " said Elizabeth Ptacek, senior vice president and real-estate analyst at KeyBank in Cleveland.
And so, if Republicans want to be helpful, if they really want to move forward and put people back to work, what they should be thinking about is, how do we help state and local governments and how do we help the construction industry.
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With the independent announcement of plans for a new Yankee Stadium hot on the heels of the Mets' good fortune -- some fancy sports economics is making new stadium construction highly profitable -- we now have not one, but two stadiums, with no lack of potential jobs.
But as Jack Lew said in his op-ed, and as the President and Jack have talked about in the construction of the budget, we have reached a point where we have to do something about what we take in and what we spend and the great divergence in those two numbers, and that this process is not going to be an easy one.
As we move from depressed construction levels to fuller construction levels, that will create more fuel use.
If the construction industry were going through what we normally go through, that would be another point lower.
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I'd say we shall be starting construction probably in a year's time.
"We're revolutionizing construction, taking wet trades off the site, " he says.
We note that nonresidential construction, even with the jump in the second quarter, is still near its all-time low relative to GDP, so gains there should continue, given the high levels of liquidity in the economy.
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