Sentences with phrase «construction after the recession»
The current labor shortage can be attributed to skilled workers not returning to construction after the recession, a difficulty attracting Millennial workers, and the increases in the enforcement of immigration laws.
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Nailer became a vigilante after kicking his addiction to booze and drugs and losing his construction job in the 2008 maxi - recession.
With little stimulus money expected to be left for construction after states make up for recession - driven budget cuts, districts are scrambling for some $ 24 billion or more in zero - or low - interest bonds under the $ 787 billion American Recovery and Reinvestment Act.
Over on Vox, Danielle Kurtzleben crunches the latest Census data on single family home construction and finds that not only is average house size up again (after a small recession induced dip) but the number of bedrooms is climbing (four is the new three).
«After the recession, the parts of the housing markets that seem to come back quickest and stronger are the move - up and 55 - plus segments because those people still have money,» he told Construction Dive.
The figure has gradually trended upward in recent years — 2017 saw 50 million sq. ft. of speculative construction, roughly 37 percent of the total — as after the recession most of the new office product was built - to - suit.
A construction surge began after the recession ended in 2009, as homeowners lost their properties in the housing crash and millennials preferred renting over buying.
Developer Louis Montello was the first to build in the area following the recession and the first to start construction without having pre-sold the project after he took it over from another developer.
The industrial market resurgence can be tracked to two simple fundamentals, according to Dwight Hotchkiss, Colliers» national director for industrial sector — the cautious holdback on new construction during and immediately after the recession, and the increase in demand from retailers looking to grow their e-commerce capabilities.