Surge in apartment construction could indicate economic turnaround
By Paul Sakuma
(KMOV) – A surge in apartment construction is giving some home builders more work and also might indicate an economic turnaround.
The surge in construction and the increase in permits rose largely in November. Some analysts say the gains might be showing a turning point, and that 2011 might be the first year since the Great Recession that home construction will have actually helped the economy grow.