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Is the U.S. Officially in a Recession? Economists Weigh In

Pro Builder

But even if it’s not officially called a recession, CNBC reports consumers are still struggling with higher prices and nearly half of Americans say their debt is increasing. Housing Policy + Finance. And the National Bureau of Economic Research has not determined that the country is in a recession, either. economy is going.

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ReportL 2020 Sees Dip in Tall Building Completions

Construction Junkie

The report states that China has reduced tall and supertall building projects in order to reduce their debt and they have also created several public policies against the “needless production of exceedingly tall buildings.” 2020 was the first time since 2014 that China did not have the tallest building completed.

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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. There remain pockets of the country where housing debt-traps are widespread. Housing Policy + Finance. Now, with home values up, there remains 2.25 million at the end of 2019. Read More.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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Centers of Technology: The Future Is Now

Business Facilities

CHICAGO AIMS FOR THE TOP OF THE TECH CHART. Chicago is rising up in ranks to become the next big place for technology innovation. Chicago’s Digital Manufacturing and Design Institute (DMDII), has partnered with McKinsey & Co. Chicago’s Digital Manufacturing and Design Institute (DMDII), has partnered with McKinsey & Co.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The $722-million project is the largest private-activity bond financing of a public-private partnership in the U.S.

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