Archive for construction

Quickie- Building starts increase dramatically as housing recovery continues

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Imagine how good things would be if the R's worked with us instead of against us.

WASHINGTON (AP) — U.S. builders started more houses and apartments in February and obtained permits for future construction at the fastest pace in 4 ½ years. The increases point to a housing recovery that is gaining strength.

The Commerce Department said Tuesday that builders broke ground on homes last month at a seasonally adjusted annual rate of 917,000. That's up from 910,000 in January. And it's the second-fastest pace since June 2008, behind December's rate of 982,000.

Single-family home construction increased to an annual rate of 618,000, the most in 4 ½ years. Apartment construction also ticked up, to 285,000.

The gains are likely to grow even faster in the coming months. Building permits, a sign of future construction, increased 4.6 percent to 946,000. That was also the most since June 2008, just a few months into the Great Recession.

And the figures for January and December were also revised higher. Overall housing starts have risen 28 percent higher over the past 12 months.

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Infrastructure Spending Anyone?

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Andy Marquis, reporter for RACE22.com, is a guest blogger. He used to consider himself a Republican but not any more.  He changed his voter registration to Independent in 2011 and says that’s how it will remain.

Here’s his latest guest post:

So here I am sitting in a café in Blacksburg, Virginia because we are working our third full day without power at my home in Copper Hill.  I’ve had a lot of time to knock out some books on my extensively long reading list, but I’ve had a lot of time to think as well, and I’ve been thinking about all those who went weeks without power after Hurricane Sandy.

In all the barking going on in Washington about cutting spending and cutting taxes, I’ve not heard one person talk about the need to invest in our outdated infrastructure.  Infrastructure spending used to be bipartisan common sense, but not anymore.  President Obama and other Democrats have been stonewalled on anything and everything in terms of infrastructure by a radical TEA Party faction that is so extreme in its hatred of government that they’d rather see the country burn.

An infrastructure spending omnibus makes sense in urban and rural areas.  It puts people back to work immediately after it’s signed in to law by the President.  Infrastructure spending should’ve been discussed after the 2003 blackout, it should have been discussed after the I-35W bridge collapse and it should’ve been discussed after Hurricane Sandy.  But once that discussion takes place, people will realize that government can be an instrument of good and that’s something the TEA Party, and the mainstream Republican Party that continues to appease them, do not want to say.

If we discuss ways of making homes, current and future, more energy independent and we talk about ways people can cut back on power consumption, we can have a short term impact on the overloaded power grid and a long term impact on the goal of becoming more green, a goal this country should have.  If we start upgrading the power grid, nationally, and we start repairing and replacing outdated bridges, and paving dirt roads, and making rural areas just a little more modern, we can put able bodied people back to work and create a better country for everyone.

Or we can continue to not do a damn thing while China invests in its infrastructure and continues to attract private sector growth.  The Democrats know the government can work for everyone and make us more competitive again.  Independents know this.  Even moderate Republicans know this must be done.  And, maybe, if we do something, the next hurricane or the next ice storm will be a mere inconvenience and not a catastrophic event that disrupts the entire nation’s productivity in a growing workforce.

Until then, let’s all buckle up because going off this fiscal cliff is going to be a bumpy ride.

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Video Mid Day Distraction- LEGO Pop-up

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Via.

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Quickie- Economy Grows at 2% Rate

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Taegan gives us something to smile about.

The U.S. gross domestic product "grew at an annual rate of 2% in the third quarter as consumers spent more, federal-government spending accelerated and the housing industry improved," the Wall Street Journal reports.

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