NOVEMBER 2009 HOUSING CONSTRUCTION ON THE RISE

There is some good news in the home buildling horizon for the upcoming new year and with the help of our county leaders we will benefit both directly and indirectly. I believe you could say the glass is half full and not have empty. Especially in our area, when we have the world's eyes on on area and the defense of our county depending on it.


November housing construction up 8.9 percent WASHINGTON (AP) – Dec. 16, 2009 – Construction of new homes, helped by better weather, rebounded in the U.S. in November following a setback in the previous month.The gain is a hopeful sign that the housing recovery is continuing, a development viewed as critical to lifting the overall economy out of recession.The Commerce Department says construction of new homes and apartments rose 8.9 percent in November to a seasonally adjusted annual rate of 574,000 units. The gain represented strength in all areas of the country although the increase was slightly lower than economists had expected.Applications for new building permits were also up, rising 6 percent to an annual rate of 584,000 units, a stronger showing than economists predicted.Copyright © 2009 The Associated Press, Martin Crutsinger, AP economics writer