So far this year in Willston, ND, 2,000 new homes have sprouted up. In 2012, the expectation is for 4,000 more along with apartments, hotels and, outside of town, dormitory-style housing facilities known as 'man camps'.
With new and existing home sales likely to fall to new lows in 2011, it’s hard to muster enthusiasm about the housing market’s future. But that’s exactly what two economists and a market analyst attempted to do.
Owens Corning's building materials segment more than doubled its earnings before interest and taxes (EBIT) from the same period a year ago to hit $144 million.
Taken together, business economists view of the outlook for businesses, jobs, demand, growth, and investment, is more good than more bad, unless things turn worse.
For the U.S., the 50 years ahead look good, and the reason is a relatively young, i.e. cheaper, labor force and populations.