In recent years, the country has been host to a boom in renewable projects.
And a boom in infrastructure projects, from roads to power stations and airports, is being paid for with debt.
Measure LV comes as Santa Monica sees a boom in new projects, with developers seeking to take advantage of the new Expo Line and the city's bustling downtown area.
Unirac specifically established manufacturing operations in Canada, anticipating a boom in solar project building thanks to the country's feed-in-tariffs and other incentives.
Meanwhile, development aid from the European Union has fueled a boom in big construction projects.
(Important though investment is for any economy, it can be too high, if it's financed by excessive borrowing and leads to a boom in marginal, uneconomic projects).
The result is a boom in downtown apartment projects, many of them pretty good.
Santa Monica's push for slow-growth rules came as the city saw a boom in multi-use projects, with developers seeking to take advantage of the new Expo Line and the city's bustling downtown area. .
But though Mr. McGrath and counterparts in other cities are armed with studies projecting a boom in travelers, hotel occupancy, restaurant spending and prestige, a number of economists say they are fighting for a larger share of what is essentially a shrinking industry.
The result has been a boom in high-skilled manufacturing work with a projected 10% rise in such jobs over the next year and a steady increase in real wages, an average 2.4% a year (after inflation) over the last three years.
Miami and Miami Beach are enjoying a boom in hotel development, especially high-visibility luxury projects: a 329-room Mandarin Oriental opened officially at the end of March on Brickell Key; in July, a 402-room Ritz-Carlton opened on Key Biscayne; and the 325-room Shore Club has opened in Miami Beach.
