Ifthe monthlynumber of residential building permits issuedrisesconsistentlyfor a few months, the localunemployment ratealmostalwaysfallsandeconomicproductionincreases.
In April the Metro Denver Economic Development Corporation had to revise its forecast due to better-than-expected gains in employment, retail sales and applications for residentialbuildingpermits.
Through the 1960s and 1970s, Sanibel residents fought development plans to turn the island into a major residential area, finally voting to incorporate as the Town of Sanibel in 1974 and immediately putting all buildingpermits on hold.