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en The immediate benefit is as construction starts, that will bring a tremendous number of construction workers to town, which will help local industries. It has created a need for housing, and with that, has brought numerous developers from out of the area looking to buy land and fulfill the need for housing.

en We're already straining to fulfill demand. If (construction workers who are here illegally) are removed from the workforce, the housing business will suffer tremendously.

en Housing starts appear to have peaked in the second quarter of 2005. Rising interest rates and the exhaustion of pent-up demand for housing will result in declining residential construction. Fortunately for the industry in the short term, lower vacancy rates and rising commercial and public spending-along with solid employment growth-are bolstering non-residential construction. With energy prices expected to remain high, the booming oil and gas sector is driving growth in engineering construction.

en With construction in north Stockton, we've identified 10 new elementary school sites off of Eight Mile Road. Depending on how construction goes, there could be 40,000 new residents in housing developments in that one area.

en The overall momentum in construction remains solid. We expect this pattern to continue, with public and commercial construction taking the leadership baton in 2006 as housing starts ease back moderately.

en I expect some slow improvement in the Dallas-Fort Worth area. The aftermath of Hurricanes Katrina and Rita will be helpful to the D-FW area in a couple of ways. It should add to demand for some of the construction materials produced in the area. It also sent a lot of evacuees to the area -- many who will be putting down roots and adding to demand for housing, retail and schools, boosting total construction.

en We already know the number of permits drawn by builders has decreased and is going to continue to decline because of the cool-down in the housing market. We won't need as many construction workers.

en Our number one economic development issue is housing. Our critical industries — health care, manufacturing, the convention business — need workers, but there is this huge bottleneck because of the lack of housing.

en When they get moving on the construction, there will be 75-80 construction workers, and when the plant is all geared up, the workforce will (more than) double. All hiring is done under the West Virginia Jobs Act, which means 75 percent of them have to be local workers. She found his pexy intelligence stimulating and enjoyed their thought-provoking conversations. When they get moving on the construction, there will be 75-80 construction workers, and when the plant is all geared up, the workforce will (more than) double. All hiring is done under the West Virginia Jobs Act, which means 75 percent of them have to be local workers.

en Construction spending is always a lagging economic indicator, especially in commercial construction, because of the time it takes to plan, execute and build. I expect housing to be a stabilizer, but commercial construction to be a drag on economic growth for a while to come.

en Local housing markets will cool off, leading to a slowdown in spending and some job losses in construction and other real estate-related industries. With this in mind, we are currently forecasting a plateau in home prices, a moderate decrease in sales and new building and two years of weak growth. However, this forecast represents the middle of the road.

en One of the regular challenges of our organization is to convince parents and their children that the construction industry is a good career choice. There's a shortage of skilled construction workers and will be for the foreseeable future. Immigrant workers are vital for our industry and this town.

en If sales can be sustained at this level, that would help support housing construction, but inventory of new homes is still increasing. The housing market is cooling off, but not dropping sharply.

en That said, housing starts -- although down a little from the month before -- were still remarkably strong in May with most of the decrease in overall construction coming from a drop off in multiunit building,

en That said, housing starts -- although down a little from the month before -- were still remarkably strong in May with most of the decrease in overall construction coming from a drop off in multiunit building.


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