31 May

Single-Family, Overall Construction Spending on Uptick

first_img The Best Markets For Residential Property Investors 2 days ago  Print This Post April 3, 2017 1,268 Views Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Residential construction spending was up nearly 2 percent in February–hitting a seasonally adjusted total of $490.9 billion for the month. As a segment, single-family construction spending increased too, jumping 1.2 percent over the month and 3.4 percent over the year.According to recent data from the U.S. Census Bureau, residential construction rose from $482.2 billion in January to $490.9 billion in February. One year earlier, residential construction was at $462.4 billion—a difference of more than 6 percent.Single-family construction spending rose from $254.4 billion in January to $257.5 billion in February. In February 2016, single-family spending was at just $248.9 billion, marking a 3.4 percent jump over the year.Spending on multi-family construction also rose, jumping from $63.2 billion in January to $64.4 billion in February. These numbers reflect a 2 percent rise for the month and a 10.6 percent rise for the year. According to the National Association of Home Builders, this is a “record breaking pace.” Multi-family construction has been on the steady incline since 2010, the NAHB stated in an Eye on Housing blog post. Single-family construction spending is “catching up,” the post said, but at a slower pace.Census data showed that in total, construction spending for the month of February was $1,192.8 billion–nearly 1 percent higher than in January and 3 percent higher than a year previous. The first two months of 2017 have marked a 3-percent jump since the same period of 2016, the Census’ report stated.According to FX Street writer Mike Shedlock, though the numbers are up this month, they don’t quite represent construction growth.“Construction spending, up 0.8 percent in February,” he wrote, “was a bit weaker than the Bloomberg Econoday Consensus estimate of 1.0 percent. However, the Census Department revised January from -1.0 percent to -0.4 percent, so the report was a bit stronger than it appears on the surface.”In addition to jumps in both single- and multi-family construction, the NAHB stated that spending on home improvements was up, too, rising 2.7 percent over January and nearly 10 percent over the year.Read the full report at Census.gov. Home / Daily Dose / Single-Family, Overall Construction Spending on Uptick Previous: CFPB Defends Its Own Constitutionality Next: Carson: Housing Funding to be Included in Infrastructure Bill About Author: Aly J. Yale Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily center_img Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Construction spending 2017-04-03 Seth Welborn Single-Family, Overall Construction Spending on Uptick Demand Propels Home Prices Upward 2 days ago Subscribe Aly J. Yale is a freelance writer and editor based in Fort Worth, Texas. She has worked for various newspapers, magazines, and publications across the nation, including The Dallas Morning News and Addison Magazine. She has also worked with both the Five Star Institute and REO Red Book, as well as various other mortgage industry clients on content strategy, blogging, marketing, and more. The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, Market Studies, News Tagged with: Construction spending Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days agolast_img read more

18 Nov

Hantavirus cases in 5 states may signal active year

first_img The number of cases reported in January through March matches the pace recorded in 1994 and 1999—both years of high HPS case counts. In both those years, the preceding 1 to 2 years brought environmental conditions that favored a large rodent population, including increased rainfall and plant cover. The larger rodent population, according to the CDC, increased transmission of hantavirus among rodents, which heightened the risk for people. HPS typically begins with a headache, myalgia, and a fever above 101°F, followed shortly by bilateral, diffuse lung edema that can resemble acute respiratory distress syndrome radiographically. Most cases occur in the spring and summer, according to the report, but this seasonal pattern varies by location. Jun 13, 2006 (CIDRAP News) – Nine human cases of hantavirus pulmonary syndrome (HPS) in five states were reported from January through March of 2006, which could signal an above-average risk of the disease this year, according to the Centers for Disease Control and Prevention (CDC). Editor’s note: A correction was made in this story on Jul 11 (2006) to eliminate errors concerning the numbers of hantavirus cases in Arizona and New Mexico since 1993. Cleaning up potential food sources and nesting sites See also: People contract HPS through contact with the saliva or droppings of rodents, most commonly the deer mouse. The disease is characterized by fever and severe pulmonary symptoms and is fatal 30% to 40% of the time, the report says (the CDC doesn’t say how many of the cases early this year were fatal). The culprit is most often the Sin Nombre virus. Sealing up holes around the home to prevent rodents from entering Taking precautions when cleaning rodent feces or nest sitescenter_img CDC has initiated a “Seal Up! Trap Up! Clean Up!” campaign (see link below) to limit exposure to HPS and other rodent-borne diseases. Measures to prevent HPS include: Trapping rodents in the home to curb the population The report also says that survival probability increases with early disease detection, so healthcare professionals should become familiar with HPS’s presentation. The only treatment, according to the CDC, is supportive care. Since the virus was identified in 1993, the CDC (as of May 10) has confirmed 438 HPS cases in the United States, 35% of which have been fatal. Most cases have occurred in states west of the Mississippi River, with New Mexico (68 cases since 1993), Colorado (49), Arizona (46), and California (43) outpacing other states. As noted in the Jun 9 issue of the CDC’s Morbidity and Mortality Weekly Report, HPS was reported early this year in Arizona (3 cases), New Mexico (3), Texas (1), North Dakota (1), and Washington state (1). The CDC says people should take precautions against the often deadly disease. CDC. Hantavirus pulmonary syndrome—five states, 2006. MMWR 2006 Jun 9;55(22):627-8 [Full text] CDC’s “Seal Up! Trap Up! Clean Up!” campaignhttp://www.cdc.gov/rodentslast_img read more

28 Sep

Shelby Secures Potential Funding for Mobile Harbor Improvements

first_imgAlabama Senator Richard Shelby yesterday voted to approve the first of two comprehensive appropriations packages that together contain all 12 Fiscal Year 2020 (FY2020) appropriations measures, H.R. 1865.  The legislation, which passed the Senate by a vote of 71-23, contains funding for various Alabama priorities.“Completing the Fiscal Year 2020 appropriations process is good news for the nation and Alabama,” said Senator Shelby. “From investing in our state’s infrastructure and supporting agricultural development to funding groundbreaking medical research, this package addresses many important priorities. I am proud of this bipartisan agreement and look forward to witnessing the positive impact this funding will have in my home state.” H.R. 1865 contains the following provisions impacting Alabama:Corps of Engineers:$378 million recommended in the Construction account for a Regional Dredge Demonstration Program in the central Gulf of Mexico. Mobile Harbor would be eligible for these additional funds.Includes a new regional dredge demonstration program for the Central Gulf Coast which will explore innovative ways of executing dredging in a logical and sequenced manner to seek efficiencies, cost savings, and minimize disruptions to critical construction and maintenance dredging requirements across the nation;$50 million above the budget request in the Operation and Maintenance account for Donor and Energy Transfer Ports. Funds will benefit Mobile Harbor;$10.975 million for Coastal Inlets Research Program in the Operation and Maintenance account and report language recommending additional funding to establish a multi-university-led effort for connecting terrestrial and coastal models and to continue work with the National Oceanic and Atmospheric Administration’s National Water Center in Tuscaloosa on protecting the nation’s water resources;Includes $16 million for Aquatic Nuisance Control Research in the Operation and Maintenance account for research and development related to harmful algal blooms.last_img read more

27 Aug

Campus Sports: Elites claim historic Ashesi FA Cup

first_imgThe Ashesi football community completed their fourth edition of the FA Cup with Elites club claiming the prestigious title with the club completed a full circle from being minnows to achievers in their four years of existence.As it was in the first edition of the FA Cup, it took the lottery of spot kicks to decide the winner.Daniel Annang of Kasanoma put the newbies ahead but experience head and Elites veteran Hudson Lekunze  restored parity for the eventual champions.Elites had all their players score all their penalties to claim a 5-3 victory against an up and coming Kasanoma team that showed a lot of promise in their first attempt for the trophy.Both final year coaches, Ernest Kufour and Ekow Spio,  were in dire need of a trophy to leave the Berekuso campus with a shining piece of silverware and were both at their imperious best tweaking and adjusting formations in a classic tactical battle.   The structure of Ashesi’s version of the FA Cup was as follows: a first round playoff match between the fourth (League Of Legends) and fifth (Highlanders) placed teams from the league campaign for a slot in the semifinal after which a draw was made for the semifinal itself.The eventual winners of the semifinal proceeded to the final with Elites claiming the title.Red Army are the most successful side in the FA cup winning two with  the now defunct Walabele and Elites all tied on one.last_img read more

13 Aug

Struggling Espanyol sack coach Abelardo Fernandez

first_imgEspanyol coach Abelardo Fernandez during the press conference.Kampala, Uganda | XINHUA |  La Liga’s bottom club RCDE Espanyol on Saturday confirmed that Abelardo Fernando has been relieved of his duties as first team coach after just 13 games in charge.Abelardo is the third coach sacked by the Barcelona based outfit this season after David Gallego and Pablo Machin, and he leaves after leading Espanyol to 14 points from his 13 games at the helm.However, that slight improvement was not enough to lift Espanyol out of last place and a 1-0 defeat away to Betis (who had only won once in their previous 11 matches) on Thursday night was Abelardo’s last game in charge.The defeat in which Wu Lei missed a late chance to equalize, leaves Espanyol with just 24 points from 31 games, 8 points behind fourth from bottom Eibar, and with an uphill battle to avoid relegation.“The club has taken the decision as the result of the sporting performances of the first team and with the clear aim of saving the ‘blue and whites’ from relegation,” informed the official communique of the sacking on the Espanyol website. The timing of the sacking is slightly surprising given that Espanyol entertain league leaders Real Madrid on Sunday night and the club’s Director of Sport, Francisco Joaquin Perez ‘Rufete’ will take charge for that game and the rest of the season. Enditem****XINHUAShare on: WhatsApplast_img read more

12 Aug

Publix offers special shopping hours to first responders, hospital staff

first_imgOn Thursday Publix announced that they will be offering special shopping hours dedicated to those on the frontline of the coronavirus pandemic.First responders and hospital workers will be able to shop at Publix stores on Thursdays from 8 p.m. to 9 p.m. and on Fridays from 7 a.m. to 8 a.m. without the presence of other customers from the general public.Publix Pharmacies will also be open during these times.These special shopping hours will be continued until further notice.last_img

17 Sep

PNP Opposition Premier has got the Power

first_img Related Items:#consumerprotection, #PriceGouging, #washingtonmisick Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsAppPROVIDENCIALES, Turks and Caicos – October 26, 2017 –  Price gouging took center stage and front page when media had a press debriefing with Premier Sharlene Robinson about the act which has left residents incensed and outraged; especially as it charged to have happened at a time when the nation was facing two deadly, monster hurricanes.However, the Premier and Finance Minister’s published comments about price control has rubbed the Opposition Leader the wrong way, he says Hon Robinson has forgotten that the law was brought and passed in Parliament in October 2016 when Rufus Ewing was Premier and when he was the Finance Minister.Hon Washington Misick said there is no absence of legislation and called the Premier’s remarks to media, ‘double speak’.  He said in a statement, “The truth is that it is within the Premier’s power, and has been for the last ten months to address price gouging (through regulation) which is already provided for under the Consumer Protection Ordinance passed by the HOA in October 2016.”And Mr. Misick should know, he is the former Finance Minister who introduced the bill and saw it passed on the heels of the House being dissolved ahead of the December 2016 General Elections.The now, Leader of Opposition business said four things need to happen to protect the consumer from unscrupulous vendors including advising the Governor of the assent to the Order; approving Price Control regulations which can come in full or in part as provided for in the law; appoint a Deputy Permanent Secretary of Finance to be the Director of Consumer Affairs with a staff assigned to support and he says,  a Consumer Protection Appeal Board should be established. TCI: Washy says 2020 is his last stand in front-line politics Facebook Twitter Google+LinkedInPinterestWhatsApp TCI: Progressive National Party Leader ‘Washy’ Misick not banned from RTC TCI: Washy, Calvin, Jay Morley and Bishop Coleta; new executive of Opposition PNPlast_img read more

13 Sep

Pennsylvania Lawmaker Urges Hearing on Groundwater Contamination

first_imgPennsylvania Rep. Brendan Boyle (D) is calling for a congressional hearing to investigate potential groundwater contamination at more than 600 sites at former and active military installations across the country stemming from chemicals in firefighting foam.In a written statement, Boyle acknowledged that DOD is assessing groundwater samples from affected sites for perfluorinated compounds and beginning voluntary remediation.“However, despite the serious health risks posed by prolonged exposure to and accumulation of PFOS and PFOA in potable water sources on these sites, the response has lacked the urgency I believe is necessary to address this public health threat. These investigation and cleanup efforts are seriously undermined by a lack of urgency on the part of the DOD,” Boyle said.The first term congressman’s Philadelphia-area district includes two former installations — Naval Air Station Joint Reserve Base Willow Grove and Naval Air Warfare Center Warminster — where elevated levels of perfluorinated compounds were found in about 100 public and private wells in 2013 and 2014.“Concern among Horsham’s residents has significantly increased since the EPA tightened its health advisory guideline for these contaminants in our drinking water,” Boyle said. In May, EPA released new lifetime exposure health advisories for PFOS and for PFOA, reported the Intelligencer.Boyle sent his request for a hearing to the chair and ranking member of the House Oversight and Government Reform Committee, of which he is a member.“While I appreciate the EPA’s heightened scrutiny of these contaminants and the Navy’s commitment to monitoring wells and taking implicated wells offline, I believe officials have thus far failed to present adequate information to the public regarding the latest science and known health risks posed to our community,” Boyle said. Dan Cohen AUTHORlast_img read more