Contractors Benefit from Builder's Slump
When Bad News is Good News
New England contractors who deal primarily with new construction may be feeling the pinch as the new housing market drys up in some parts of the six state, (ME, NH, VT, MA, CT and RI), region.
Besides counting people and where they live, the U.S. Census Bureau also keeps track of home many privately owned new housing units are being built.
By collecting data on building permits, (when they are approved and when they are completed), the bureau can paint of good picture of how many and where new homes in the U.S. are being built.
The bad news? In New England states, new building starts are ...[read more]