MetroIntelligence Economic Update by P. DUFFY Construction spending up 0.2 percent in November and 8.5 percent year-on-year Construction spending during November 2022 was estimated at a seasonally adjusted annual rate of $1,807.5 billion, 0.2 percent above the revised October estimate of $1,803.2 billion. The November figure is 8.5 percent above the November 2021 estimate of $1,665.2 billion. During the first eleven months of this year, construction spending amounted to $1,657.6 billion, 10.5 percent above the $1,499.8 billion for the same period in 2021. https://www.census.gov/construction/c30/current/index.html November manufacturing sector index slips…
Read MoreMonth: January 2023
Designing Homes With Sustainable Materials
Designing Homes With Sustainable Materials From the use of environmentally friendly paints and flooring materials to natural fibers and furniture construction, sustainably sourced household materials can go a long way to improving… Read More House Digest https://www.housedigest.com/1155749/how-to-design-your-home-with-sustainable-materials-according-to-an-expert/
Read MoreKimberley Development Launches New Affordable Line of Housing
Kimberley Development Launches New Affordable Line of Housing Kimberley Development Corp., has launched Progressive Builders, a line of affordably priced single-family houses and townhomes that will be built in Central Iowa communities. Read More Business Record https://businessrecord.com/Content/Default/All-Latest-News/Article/Kimberley-Development-launches-new-affordable-line-of-housing/-3/248/99194
Read More82-Unit Apartment Building Rises in Del Aire
82-Unit Apartment Building Rises in Del Aire The building was originally planned as a six-story, 152-room hotel in roughly the same building envelope. However, building permits on file with the County confirm that the project is now a residential development. Read More Urbanize Los Angeles https://la.urbanize.city/post/six-story-82-unit-apartment-building-rises-11814-aviation-boulevard-del-aire
Read MoreLumber Prices Have Returned to Pre-Pandemic Levels
Now returning to Pre-Pandemic levels, lumber prices dropped 63% in 2022. According to WXPR, at about $365 for 1,000 board feet, lumber prices are lower now than they’ve been in more than two years. “They’re about where they were before the pandemic started,” says Rick Wilson, the President and CEO of Pukall Lumber in Arbor Vitae. He says the pandemic caused labor shortages, which created supply issues for larger sawmills. At the same time, demand for lumber spiked, as people tackled home renovation projects and construction boomed. Read More
Read MoreThe 2022 EEBA Inventory of Zero Energy Homes Report Released
The 2022 EEBA Inventory of Zero Energy Homes Report Released This report is the most comprehensive list of single and multifamily, net positive, net zero, ‘zero-energy ready’ units in US and Canada Read More PR Newswire https://www.prnewswire.com/news-releases/the-2022-eeba-inventory-of-zero-energy-homes-report-released-301708608.html
Read MoreAnn Arbor Developers Create Solar Neighborhood
Ann Arbor Developers Create Solar Neighborhood Veridian at County Farm, proposed by THRIVE Collaborative, is one of the first 100% solar-powered, carbon-neutral and fossil fuel-free communities. Read More Great Lakes Echo https://greatlakesecho.org/2022/12/30/ann-arbor-developers-create-solar-neighborhood/
Read MoreCalifornia Approves Strategy for Tackling Climate Change
California Approves Strategy for Tackling Climate Change The plan sets a goal for developers, businesses and local governments to construct at least 3 million climate-friendly homes by 2030 and 7 million by 2035 and install 6 million heat pumps by 2030. Read More KCET https://www.kcet.org/news-community/california-approves-far-reaching-strategy-for-tackling-climate-change-so-whats-next
Read MoreCleveland Pilot Project Provides Rooftop Solar for Low-Income Residents
Cleveland Pilot Project Provides Rooftop Solar for Low-Income Residents Data from the project will document savings and could help get more funding for solar energy in neighborhoods that have historically been left behind. Read More Energy News Network https://energynews.us/2023/01/03/cleveland-pilot-project-provides-rooftop-solar-for-low-income-residents/
Read MoreFirst Phase of Acequia Lofts Nearing Completion
First Phase of Acequia Lofts Nearing Completion Tierra Concepts is seeking a LEED Gold rating form the U.S. Green Building Council for its energy-saving measures, including 400 solar panels that will reduce residents’ electricity bills Read More Santa Fe New Mexican https://www.santafenewmexican.com/news/business/first-phase-of-acequia-lofts-nearing-completion/article_b418b5c2-8307-11ed-8294-e3d428a00d6c.html
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