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Recovery outlook gloomy for home construction
Stimulating Arizona’s economy through the creation of construction jobs in the housing industry is one of the chief priorities of the Home Builders Association of Central Arizona, but an industry insider says fixed costs and layoffs are making recovery quite difficult.
Contractors’ chief laments sweep of $1.2B from vehicle license fund
David Martin, president of the Arizona Chapter of the Associated General Contractors, says Arizona’s “Five C’s” — copper, cotton, cattle, citrus and climate — leaves out one other “C” vital to the state’s economy: construction.
Misplaced highway spending to blame for crumbling roads
Drivers across the nation face more than 90,000 miles of crumbling highways and more than 70,000 decaying bridges, according to a new report by the Arizona Public Interest Research Group.
Signs suggest state’s construction troubles could be easing
Across the nation, there are cautious signs that the construction and real estate markets might be improving. Construction spending rose this summer and residential building increased, providing some sense that the building market could be rebounding.
