Biden Administration Announces $2.3 Billion for States and Tribes to Strengthen and Modernize America’s Power Grid

Biden Administration Announces $2.3 Billion for States and Tribes to Strengthen and Modernize America’s Power Grid President Biden’s Bipartisan Infrastructure Law provides historic investments to build state and tribal electricity grids resilient to climate change, deploy cheaper and cleaner energy Read More U.S. Department of Energy https://www.energy.gov/articles/biden-administration-announces-23-billion-states-and-tribes-strengthen-and-modernize

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Over $3.6 Million in Infrastructure Improvements Coming to Gerald R. Ford International Airport

Over $3.6 Million in Infrastructure Improvements Coming to Gerald R. Ford International Airport The funding will go toward expanding the airport’s snow removal equipment building, as well as reconstructing existing airport service roads, runway lighting systems, and the aircraft rescue and firefighting building. Read More WHTC https://whtc.com/2022/07/01/over-3-6-million-in-infrastructure-improvements-coming-to-gerald-r-ford-international-airport/

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Coming Baby Boomer Mortality Rates to Have Minimal Impact on U.S. Housing Supply, Prices

Coming Baby Boomer Mortality Rates to Have Minimal Impact on U.S. Housing Supply, Prices More than four million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, but sustained homebuyer demand from population… Read More World Property Journal https://www.worldpropertyjournal.com/real-estate-news/united-states/chicago-real-estate-news/real-estate-news-baby-boomer-home-sales-trends-mortgage-bankers-association-research-institute-for-housing-america-who-will-buy-the-baby-boomers-homes-13189.php

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U.S. Housing Hold-Ups Put Thousands of Jobs on the Line

U.S. Housing Hold-Ups Put Thousands of Jobs on the Line As many Americans put off buying a home, mortgage lenders, refinancing companies and real-estate brokers are to lay off thousands of employees in the coming months. Read More Reuters https://www.reuters.com/markets/us/us-housing-hold-ups-put-thousands-jobs-line-2022-07-01/

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7/7/22 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY May job openings fall 3.9 percent, but still over two open positions per unemployed person The number of job openings decreased 3.9 percent to 11.3 million on the last business day of May. Hires and total separations were little changed at 6.5 million and 6.0 million, respectively. Within separations, quits (4.3 million) and layoffs and discharges (1.4 million) were little changed.  With 5.9 million officially unemployed persons, that leaves 2.12 open jobs per person, or an overhang of 5.3 million jobs. https://www.bls.gov/news.release/jolts.nr0.htm   Purchase…

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Swapping Millennial Minimalism With Maximalism

Swapping Millennial Minimalism With Maximalism While minimalist interior design aesthetics reigned supreme before the pandemic, being forced to stay at home prompted us to reconsider our obsession with spaces that were void of our daily routines. Read More Screenshot https://screenshot-media.com/the-future/trends/maximalism-new-minimalism/

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Hochul Announces Completion of $13M Affordable Housing in Rochester

Hochul Announces Completion of $13M Affordable Housing in Rochester A $13 million affordable housing development project was recently completed in Rochester’s El Camino neighborhood, Governor Kathy Hochul announced. Read More Rochester First https://www.rochesterfirst.com/community/hochul-announces-completion-of-13m-affordable-housing-in-rochester/

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