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9/24: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY   September U.S. economic index slips slightly, but still in growth mode The IHS Markit Flash U.S. Composite PMI Output Index posted 54.4 in September, down slightly on 54.6 seen in August (50.0 is neutral). The index’s quarterly average for 2Q20 was the highest since the opening three months of 2019. https://www.markiteconomics.com/Public/Home/PressRelease/50e5588ccad143b7a3318c40926a45b9   August existing…

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Incorporating Aesthetics Economically

Incorporating Aesthetics Economically When discussing aesthetics with DOTs around the country, I have found that their concerns about costs are at the forefront of our conversations. Since funds to create these transportation projects are very limited, their focus tends to begin and end at safety and functionality. These concerns are not lost on me. It is absolutely one of…

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Housing Market Potential Reaches Highest Level Since 2007, According to First American Potential Home Sales Model 

Housing Market Potential Reaches Highest Level Since 2007, According to First American Potential Home Sales Model  First American Financial Corporation released their proprietary Potential Homes sales model for the month of August which saw that potential-existing homes sales went up to a 5.92 million seasonally adjusted annualized rate… Read More Businesswire https://www.businesswire.com/news/home/20200921005131/en/Housing-Market-Potential-Reaches-Highest-Level-Since-2007-According-to-First-American-Potential-Home-Sales-Model

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9/22: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY   August Leading Economic Index rises another 1.2 percent to 106.5 The U.S. Leading Economic Index (LEI) increased 1.2 percent in August to 106.5 (2016 = 100), following a 2.0 percent increase in July and a 3.1 percent increase in June.  Despite the improvement, the LEI remains in recession territory, still 4.7 percent…

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Five affordable housing projects to get funding from Dane County

Five affordable housing projects to get funding from Dane County Five affordable housing projects in Dane County, Wisconsin are expected to receive $4.45 million in funds from the Affordable Housing Development Fund to address affordable housing in the state… Read More The Cap Times https://madison.com/ct/news/local/govt-and-politics/five-affordable-housing-projects-to-get-funding-from-dane-county/article_ad5d17e3-a62a-5bb5-8381-ec113a181b64.html

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Stormwater Solutions in Seattle

Stormwater Solutions in Seattle For 60 years during heavy rain, the Murray Avenue Pump Station at the southern end of Lowman Beach Park in West Seattle had been serving the community by pumping nearly 32 million gallons of water per day to King County’s regional treatment plant. However, with peak wet-weather flows in the Murray Basin exceeding 105 million…

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9/17: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY September builder confidence rises to all-time high of 83 Builder confidence in the market for newly-built single-family homes increased five points to hit an all-time high of 83 in September, according to the latest NAHB/Wells Fargo Housing Market Index (HMI) released today. The previous highest reading of 78 in the 35-year history of…

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