But in Dutchess, new housing permits suggest that the boom is just beginning.
Falling applications for building permits suggest that the housing market has begun to slow.
The pace of home-building is plunging; big falls in applications for building permits suggest more declines ahead.
Common leading indicators are building permits (suggesting the future volume of new construction), common stock prices, business inventories, consumer installment debt, unemployment claims, and corporate profits.
While the trend remains higher for both sales and permits, the drop in permits suggests some caution going forward.
However, there may well be many more Chinese workers in Indonesia than the official tally of work permits suggests, although it's difficult to know how many.
Although commercial production in the city is flagging anyway -- down 34% in the first quarter -- the 100% drop in tunnel permits suggests "very tough times in the car business," FilmL.A. spokesman Todd Lindgren said.
Work has been stopped at the building site, at 303 East 51st Street, between Second and First Avenues, since the collapse, and the decision to revoke the permit suggests it could be a long time before construction resumes.
The inability of the opposition leaders and the authorities to agree on the terms for a protest permit also suggested that each side's resolve might be hardening.
