The latest research shows new hospitality construction projects in the Southeastern U.S. are expected to be a lucrative investment. Powering the industry forecast is the shrinking national unemployment rate. The Bureau of Labor Statistics reports the unemployment rate fell 20 points in March 2017 to 4.5 percent. The month of March alone saw 56,000 new jobs… Continue reading Quality Hospitality Construction On the Rise in Southeastern U.S.
Tag: Orlando Construction
Construction of Multifamily Housing/Apartments, High Demand/Lucrative Investment
The strong demand for new apartments remains high in the Southeastern United States. The Federal Report suggest rent for multi family housing will continue to creep upward. “We anticipate continued job growth to spur further steady demand for apartments,” says Barbara Byrne Denham, senior economist with research firm Reis Inc. “We expect the overall national… Continue reading Construction of Multifamily Housing/Apartments, High Demand/Lucrative Investment