Job Growth Continues to Explode

An email appeared in my inbox from the homeowner’s association that runs our subdivision, and it was a forward from the trash hauling company that services our community. They announced they were suspending the collection of recycling until further notice due to an acute shortage of drivers and helpers, so they could focus on the more essential task of collecting…

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Mergers and Acquisitions Dominate the News

In the last couple of months, I have written about the housing boom, as well as an economy on fire, which coupled with the prospects for an infrastructure bill just adds optimism to the outlook for our industry. But as we look out toward the last remaining months of the year, it has been remarkable to witness the growth spurt…

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The Economic Boom I Expected

Last month, I wrote about the housing boom that I had been predicting, and since then, the National Association of Realtors released a report stating that construction of new housing in the past 20 years fell 5.5 million units short of long-term historical levels and called for a “once-in-a-generation” policy response. But a booming housing market rife with shortages is…

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The Quest for Full Employment

By Pierre G. Villere The economic metrics of 2020 are certainly one for the history books and will be studied and dissected at business schools for generations to come. It’s simple: we were a powerful economic engine globally that was hitting on all eight cylinders, and the sudden shutdown of society as a result of the pandemic in mid-March hurtled…

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