Hawaii Construction Forecast: Construction Edging Toward Recovery
Construction has yet to turn the corner in Hawaii, but a pickup is now more clearly in sight. Single-family home construction languishes, but new high-rise condos, retail, and resort-related development will boost non-residential building. And legal challenges aside, rail construction is poised to begin in earnest as this year progresses. A summary of this forecast […]
Read MoreQ & A: Construction Edging Toward Recovery
1. UHERO RELEASED ITS ANNUAL CONSTRUCTION REPORT THIS MORNING. THIS IS A SECTOR THAT HAS BEEN HARD HIT BY THE GREAT RECESSION ISN’T IT. That’s correct, from a peak of just under 40,000 construction jobs in February of 2008, the industry has shed 12,000 jobs, and continued to loose jobs during 2011. And, total inflation […]
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