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Industry shifting gears, an article from
The Gazette, reports that
contractors are setting
sights on commercial
projects to offset slowdown
in residential
construction. Contractors
and subcontractors, such as
electricians, plumbers and
drywallers, are adopting new
business strategies in hopes
of landing more commercial
work and offsetting the
housing slump that's costing
them money. Spending so far
this year on construction of
shopping centers, banks,
restaurants, government
buildings and hospitals has
increased by 36% from the
same time in 2006.
http://www.gazette.com/articles/work_27907___article.html/residential_commercial.html
Construction spending posts small increase,
an article from
MSNBC.com,
reports that construction
spending posted a
bigger-than-expected .2%
gain in August. According
to the Commerce Department,
the August increase pushed
total construction spending
to a seasonally adjusted
annual rate of $1.166
trillion. Spending on
office buildings, shopping
centers and other
non-residential projects
showed a gain of 2.3%, the
biggest increase in this
category in six months.
http://www.msnbc.msn.com/id/21030745/
Additional articles that you may find of interest:
‘Here today, gone tomorrow’
http://www.gazette.com/articles/gas_27934___article.html/rifle_drilling.html
Pikes Peak region appears to be bucking the decline
http://www.csbj.com/story.cfm?ID=11104
Real estate rates end night lower
http://www.inman.com/inmannews.aspx?ID=64738
Free help to stop foreclosure
http://money.cnn.com/2007/09/26/real_estate/free_help_for_foreclosures/index.htm?postversion=2007092811
House OK's Flood Insurance Bill
http://www.realtor.org/rmodaily.nsf/pages/News2007092806
6 Questions Home Owners Often Forget to Ask
http://www.realtor.org/rmodaily.nsf/pages/News2007092802
Popularity of Outdoor Living Spaces Increases
http://realtytimes.com/rtcpages/20071001_outdoorliving.htm
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