If higher prices lead to increased construction, they boost GDP directly.The recent recovery in housing prices has carried with it all these virtues, and perhaps others as well.
Nuclear plant and its construction will boost local economies because of its significant economic benefits.
We analyse two cases on wood products markets in Norway: i) Wood products suppliers establish a developer firm specializing on wood construction to boost demand, and ii) Levying a carbon tax while reducing CO2 emissions in cement production.
The downtown business district and Coal Harbour are popular for condo dwellers who want killer views across the water, and the Olympics gave construction a boost along Southeast False Creek, the body of water that separates the West End from the West Side.
The few studies that have been carried out show that host countries' economies receive a construction-induced boost ahead of a games followed by a small slowdown afterwards as bulldozers lie idle.
A 2008 study from Suffolk University cited by The Washington Post found that forcing the government to pay market wages on construction jobs boosted the cost of those projects.
U.S. banks are seeing some of the lowest loss rates of the past six years on commercial real estate and construction loans, boosting their case for increased lending activity in the sector.
China is enjoying a property and construction boom, which should boost consumption in future.
In response to its findings, the CBI suggests five steps over the next 18 months to boost construction, including a call for an increase in capital allowances for the construction of infrastructure projects.
Britain could boost construction and ease the pressure on house prices by loosening planning rules.
