Tag Archives: construction jobs

Construction Leads Housing, GDP Recovery

Posted on September 1, 2015 by Popular Economics Weekly

The Mortgage Corner Pending home sales are still rising. And that’s in large part because both residential and non-residential commercial construction is in fact soaring. The U.S. Census Bureau of the Department of Commerce announced today that construction spending during … Continue reading →

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2015 Housing Construction Will Surge

Posted on May 13, 2015 by Popular Economics Weekly

The Mortgage Corner We believe housing construction is about to bloom this spring, due to growing employment. For starters, an additional 45,000 construction jobs were added to nonfarm payrolls in April. This is even though construction spending to date has … Continue reading →

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Jobs Recession Finally Over?

Posted on April 5, 2014 by Popular Economics Weekly

Financial FAQs Is the jobs recession finally over? It’s taken this long to bring employment back to pre-Great Recession levels. Overall employment is still slightly below the pre-recession peak (437 thousand fewer total jobs).  But private employment is now above … Continue reading →

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Housing Is Definitely Recovering

Posted on May 1, 2013 by Popular Economics Weekly

The Mortgage Corner In spite of warnings from such as Robert Shiller of Irrational Exuberance fame that housing values could remain stagnant over the next ten years, housing prices are making a comeback, which is boosting economic growth. Some of … Continue reading →

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Higher Home Prices Driving Construction

Posted on April 3, 2013 by Popular Economics Weekly

The Mortgage Corner CoreLogic just reported home prices nationwide, including distressed sales, increased 10.2 percent on a year-over-year basis in February 2013 over February 2012. And it is boosting construction, as for sale inventories are barely increasing in the new … Continue reading →

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Dr. Robert Shiller Says No Housing Boom

Posted on January 29, 2013 by Popular Economics Weekly

The Mortgage Corner Dr. Robert Shiller, Yale Econ Professor, and co-creator of the Case-Shiller Home Price Index, has become very cautious in his latest articles. Don’t expect much in the way of a housing boom in 2013. He isn’t even … Continue reading →

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Why the Surprising Jobs Report?

Posted on February 8, 2012 by Popular Economics Weekly

Financial FAQs Why so much surprise in January’s employment report that added 243,000 payroll jobs and dropped the unemployment rate to 8.3 percent? The U.S. has now added an average of 183,000 jobs a month in the past five months, … Continue reading →

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Will Real Estate Recover in 2012?

Posted on January 4, 2012 by Popular Economics Weekly

The Mortgage Corner The recovery road may remain bumpy for real estate in 2012 but construction spending continues to increase from low levels of activity, and so housing starts. Much of it is multi-family apartments going to both new households … Continue reading →

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