Reported today……Labor Shortages in Residential Construction Impeding Housing & Economic Recovery, Labor shortages have caused 46% of builders to experience delays, 15% have turned down projects and 9% have lost or cancelled sales.
Week ahead, stocks at support: Caterpillar (CAT), 3d Systems (DDD), Ebay (EBAY), F5 Networks (FFIV) Mar 09, 2013 (ACCESSWIRE-TNW via COMTEX) — Bridgewater, MA (March 9, 2013) – With the markets and most stocks hitting new highs we did a search to find solid company’s currently at strong support with some wiggle room to move… Read more »
Construction employment hits three-year high By Thomas Grillo The building boom is on. Construction companies added 48,000 jobs in February, the ninth consecutive month of job growth, as more people are working in construction than at any point in the last three plus years, according to an analysis of new government data by the Associated… Read more »
Caterpillar to Power Russia’s Largest Offshore Oil and Gas Platform By MarEx Caterpillar Oil and Gas is pleased to announce the Cat® 3500 diesel generator sets have been successfully installed on what is expected to be Russia’s largest offshore oil and gas platform. Three Cat 3516B (HD) generator sets will provide both essential and emergency… Read more »
GOOD NEWS FOR HOUSING MARKET…..FINALLY Across the country the supply of existing home sales has fallen seven straight months,hitting an eight year low in January,2013. Competing bids for the same house is driving up prices especially in the west.But,many homeowners still cannot afford to sell,28% are still so far underwater that that if they sold… Read more »