New Building Permits Hit 13-Year High, Suggesting Robust US Economy

Discussion in 'Current Events' started by MolonLabe2009, Feb 20, 2020.

  1. MolonLabe2009

    MolonLabe2009 Banned

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  2. Spim

    Spim Well-Known Member Past Donor

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    We're feeling the impact locally, Tons of commercial investment and houses are popping up like crazy.

    GREAT for the local economy and increases the tax base.
     
  3. jay runner

    jay runner Banned

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    The USA needs more US citizens working and paying taxes, with no illegal aliens and fewer citizens takers and slackers sucking the US Treasury teat.
     
  4. wgabrie

    wgabrie Well-Known Member Donor

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    That's the new businesses and investments in future companies springing up.

    Meanwhile, the old companies are going bankrupt or selling their long-standing businesses off.

    The new is filling the hole of the old things going bye-bye. It's a market cycle.
     
  5. StarFox

    StarFox Well-Known Member

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    Obama Did It!
     
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  6. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    This is why it doesn't bother me that Trump golfs a lot. He's done more for this country than almost any other president and he's not even done with his first term. If the country was still in the toilet like it was under obama then I would have a problem.
     
  7. Paul7

    Paul7 Well-Known Member

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    The new tax bill encouraged new building through increased depreciation, see paul.cssistudy.com.
     
  8. US Conservative

    US Conservative Well-Known Member Past Donor

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    Still not tired of winning!
     
  9. Cubed

    Cubed Well-Known Member Past Donor

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  10. MolonLabe2009

    MolonLabe2009 Banned

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  11. Pred

    Pred Well-Known Member

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    And that graph is zoomed out too far. Need to see 08-20
     
  12. 61falcon

    61falcon Well-Known Member

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    Plenty of empty and vacant MALLs all across the USA and more closing up shop daily.
     
  13. Paul7

    Paul7 Well-Known Member

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    Horse and buggy manufacturers are having a rough time too.
     
    Last edited: Feb 20, 2020
  14. struth

    struth Well-Known Member

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    well yeah...who shops at a Mall anymore...this isn't 1984.....

    anyway...great to see Americans back out there building again! What a booming economy! Thanks Mr. President!
     
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  15. struth

    struth Well-Known Member

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    Blockbusters are having a hard time....and I haven't seen a new VCR in months.....doom is a comin'
     
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  16. One Mind

    One Mind Well-Known Member Past Donor

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    Is it localized? We are not experiencing this in my southern state

    But if wide spread the credit goes to president Donald trump .

    Even if I didnt vote for him

    Fair is fair even if his success creates wadded up panties in the hate trump crowd

    His haters would rather see people starve than for him to be successful.

    And that is pure evil .
     
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  17. Cubed

    Cubed Well-Known Member Past Donor

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    Yes. Today it hit 1551k. The last data point on the graph is just under the 1500k mark.
    There are 2 types of people in the world
    1) Those who can extrapolate from incomplete data
    2)

    You can? From 08 till 18 it's an upwards climb other then the drop in 2017 (the small bar graph at the bottom middle of the image).
     
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  18. MolonLabe2009

    MolonLabe2009 Banned

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    Those are in the inner city hoods where crime is rampant.
     
  19. 61falcon

    61falcon Well-Known Member

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    Something does not quite add up about these sudden housing building claims. They say that permits skyrocketed up in the Northeast by 32% and rose 1.2% in the West while falling 5.4%in the South and plummeting 26% in the Mid-West. The part I do not get is why they would skyrocket in the Northeast where we have a DECLINING POPULATIO:N????Low birth rate and declining number of immigrants being allowed into the country.We do not lack housing we LACK AFFORDABLE HOUSING!!!!
     
  20. struth

    struth Well-Known Member

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    If you can't afford a house move into a Mall....they are pretty empty apparently....and you can get all the Sbarro pizza you want.
     
  21. TheGreatSatan

    TheGreatSatan Banned

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    If Democrats cared about the homeless, they would make it easier to build housing. They make it very profitable to run a slum because only the rich and well connected can build new buildings. Especially in California. You have to know what Democrat to bribe to get projects approved, and if you don't pay the bribes they shut you down.
     
    Last edited: Feb 20, 2020
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  22. TheGreatSatan

    TheGreatSatan Banned

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    Lots of homeless to compete with. And many of them are like drugged out zombies that will stab you without a second thought.
     
  23. TheGreatSatan

    TheGreatSatan Banned

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    Democrats are the party of the poor. They are invested in keeping people poor and creating more poverty.
     
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  24. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    No question about it, since Trump entered office, jobs and the economy has gone in the *******.
     
  25. wgabrie

    wgabrie Well-Known Member Donor

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    Can't tell if serious.
     

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