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Utah Construction
No matter how big or small your business is, you can always find ways to help ease the workload. It may take some creativity, but will serve your needs in the long run
Utah's population is expected to double by 2050, and analysts forecast that the three valleys will eventually merge into one large metro area. This means Utah's home builders can expect to stay busy for a long time to come.
According to Fox13 News, the mayor, leaders from the Department of Community and Neighborhoods, and the Housing Authority of Salt Lake came together to announce the new action plan. The seven goals include:
NIOSH hopes that the app will give employers the opportunity to raise awareness for noise awareness among their employees and help them better protect their hearing.
As of July 2015, people 65 and older accounted for 14.9% of the population. In Utah, that number hovers closer to 10% and is inspected to increase significantly. 36 million people are expected to hit retirement age over the next fifteen years and many of them will be looking for new homes - whether downsizing, retiring, or just looking for a second or third act. When you add that in with Utah's younger, growing workforce and our business-friendly environment, there is no doubt that Utah builders will remain busy for years to come.
Analysts believe this trend will continue as more millennials come into the market and baby boomers look to downsize.
The NAHB International Builders' Show wrapped up this week, after three days of exhibits, vendor demonstrations, and informational classes. The two-day event was held in Orlando January 10-12. The exhibit space totaled 569,000 square feet and featured over 1500 exhibitors and was attended by 80,000 construction professionals.
This week, the Salt Lake Chamber's annual Utah Economic Review was presented to Governor Herbert. According to Yahoo News, here are some highlights from the economic report.
Economists got together during the International Builders' Showcase to discuss the housing market for 2017. Overall, things looked positive. A growing economy, solid employment gains, and rising household formations will gradually help to grow single-family production on a gradual, upward trajectory.
If you've ever seen Disney's Aladdin, you might remember the line the genie says when introducing himself: "Phenomenal cosmic power! Itty bitty living space." That may not be quite what most millennials are going for; however, a recent survey has found that they are willing to trade square footage for higher-end amenities when it comes to home buying.