As we mull over the prospect of a recession, which I am still convinced will not happen, it is significant to note there are some financial forces at play over the next several years that will have a huge, and positive, impact on our economy. As I have said in prior columns and to state and national association presentations for…
Read MoreTag: housing markets
World Demand for Aggregates to Grow 5.2 Percent
The worldwide market for construction aggregates is projected to advance to 51.7 billion metric tons in 2019, representing an annual growth rate of 5.2 percent. Residential building applications for aggregates will be driven by upturns in the housing markets of developed countries and by rising personal incomes in developing countries, which will spur demand for more modern housing.
Read MoreHousing Markets Continue to Make Modest Gains
Markets in 63 of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity in the fourth quarter of 2014, according to the National Association of Home Builders/First American Leading Markets Index (LMI). This represents a year-over-year net gain of 11 markets.
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