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Politics : Politics for Pros- moderated
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To: Neeka who wrote (314742)7/15/2009 4:25:22 AM
From: unclewest3 Recommendations  Read Replies (4) of 793840
 
New construction is nearly dead here.

What is different this time is - In the past when new slowed down, remodelling picked up.
That is not happening.

Also, small business storefront vacancies are increasing at a frightening rate in all the strip malls.
Makes me wonder if a commercial real estate bust is getting closer.

Son-in-law manages an executive small jet repair and maintenance business.
Just cut everyone to 4 days with corresponding pay cut.
Told me the planes are just not being used as much.
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