Moody's Economist, Zandi, says, "The economy is struggling to avoid a double-dip recession," and he put the odds of the economy failing in that struggle at about 40% to 45%.
The improving construction debt market offers yet another indication of just how quickly the lending industry has moved from fear to exuberance.
Multifamily finance professionals are growing increasingly optimistic, budgeting for continued growth in 2012 as the industry plots its course through the early stages of a strong recovery.
Highlights from SBCA's Annual Meeting, results of the inaugural BCMC Tri-Tacular, and an update from the show floor.
Today was another great day at the build sites! In the evening, we celebrated with the first official BCMC Build 5K Run/Walk.
This BCMC week, get day-by-day updates from our man-in-the-field, Jess Lohse, President of Rocky Mountain Truss Co. in Havre MT.
Florida’s economy has improved modestly since our last report. Hiring has improved, and the unemployment rate has declined slightly.
Economic data this week provided insight into three aspects of the domestic economy: the consumer picture, inflation measures and the manufacturing sector. In light of this week’s information, we believe that GDP growth is tracking at around a 1.8 percent annual pace for the third quarter.
New Strategist Publications' Cheryl Russell notes that U.S. households grew by 1 million between 2010 and 2011, "the largest [increase] since 2006-07 and more than three times as great as the increase between 2009-10."
NAHB's Multifamily Production Index (MPI) rose for a fourth consecutive quarter in the April-June period of this year, according to newly released figures on Sept. 8.