Secret Site Map
Monday, January 26, 2015

Home News Housing Starts Rise to Highest Level Since 2008

Housing Starts Rise to Highest Level Since 2008

Inspections

Work began on more U.S. houses in April than at any time in over a year and wholesale prices unexpectedly decreased, showing the economy is strengthening without stoking inflation.

| May 24, 2010

WASHINGTON - Work began on more U.S. houses in April than at any time in over a year and wholesale prices unexpectedly decreased, showing the economy is strengthening without stoking inflation, Business Week reports.

Permits fell last month by the most since December 2008, a sign homebuilding will pause after a tax-induced jump in sales boosted companies like D.R. Horton Inc. Rising raw-material costs aren’t making their way up production lines, the price report showed, underscoring why Federal Reserve policy makers project inflation will be contained.

“It’s encouraging to see starts gain some traction, but the decline in permits takes some of the luster off,” said Jonathan Basile, an economist at Credit Suisse in New York, who forecast the increase in construction and the drop in prices. “Inflation is subdued. There are cost pressures in the pipeline, but they’re not leaving the factory.”

Click here to read the entire article.

Source: Business Week

Top news

Chicago Tops Orkin's List of 'Bed Bug Cities' for 2014

Chicago tops the 2014 Bed Bug Cities List for the third year in a row. The list, released by Orkin, ranks the cities by the number of bed bug treatments Orkin performed from January to December 2014.

Bora-Care Now Comes with 30-Year Limited Warranty for PCOs

Nisus Corporation announced that it is offering the Bora-Care 30-Year Limited Warranty to pest control companies who register treated homes and inspect them annually.

UCR Study Examines Chemicals That Insects Use to Communicate and Survive

A method devised by UC Riverside scientists isolates new chemicals that could be exploited to control pest species.

UGA-CAES Announces 2015 Webinar Schedule

The University of Georgia CAES Extension, in cooperation with the DI Group @ Georgia College, announces the 2015 ‘Getting the Best of Pests’ webinar series. Beginning in February, every month a leading research scientist or consultant will give a two-hour webinar presentation on topics of importance to pest management professionals.

Bill Clark Pest Control Recognizes Longtime Employee

Gwen Owens, who this year marks her 40th year with BCPC, started out as a technician and now works with some of the company's largest commercial and industrial clients.

x