Posts tagged with USA

USA Not a Country for Minimum Wage Workers
Jul 2021 , by in INTERNATIONAL

Housing has become so expensive in the United States that the typical minimum wage worker cannot afford rent, according to a new report. There is no state, county or city in the country where a full-time, minimum-wage worker working 40 hours a week can afford a two-bedroom rental, a report from the ... Read more...

Spike in Domestic Timber Products Prices
Jul 2021 , by in ALLIED

Timber prices in the international market has shot up owing to increased demand in China and the USA as well as hike in freight charges. Domestic timber producers have now decided to pass on the price rise to the end consumers which will push furniture and packaging material price up by almost 20% t... Read more...

The U.S. Housing Crisis Brewing
Jun 2021 , by in INTERNATIONAL

According to the annual State of the Nation’s Housing Report by Harvard’s Joint Center for Housing Studies, like the broader economy, the housing market is split on divergent tracks. While one group of households is rushing to buy homes with savings built during the pandemic, another is being lo... Read more...

USA Sees Fall In Construction Jobs
Mar 2021 , by in INTERNATIONAL

The association’s latest contractor survey shows that project cancellations and a lack of new orders forced firms to reduce their headcount. Association said that more layoffs are likely for the industry amid spiking materials prices and uncertain demand for new projects. “More contractors ... Read more...

Bill Gates USA’s Biggest Farmland Owner
Jan 2021 , by in INTERNATIONAL

The co-founder and former CEO of Microsoft, Bill Gates has built up a massive farmland portfolio spanning 18 states, enough to claim the title of the biggest farmland owner in the United States. According to the Land Report, Gates, currently the fourth richest person in the world, has quietly ama... Read more...

Barclays Rethinks Real Estate Push in India
Dec 2020 , by in News/Views

Barclays Plc is looking to reduce its real estate expenses in the India as the shift to remote working adds fuel to its cost-cutting ambitions. The bank could announce changes early next year on the extent and timing of any measures on reducing branches in the USA, U.K. and India.   The bank ... Read more...

Ambuja & ACC Focus On Green Power Generation
Dec 2020 , by in ALLIED

Ambuja Cement and ACC both operating companies of leading global building material and solutions organization LafargeHolcim have collectively taken a giant step to generate clean and green energy in line with their carbon intensity reduction roadmap. This comes close on the heels of parent company L... Read more...

Pandemic Heats Up US Housing Market
Nov 2020 , by in INTERNATIONAL

Even though the COVID-19 pandemic is hurting the U.S. economy, the country's housing market is booming. The pandemic has prompted lockdown orders. Americans are now telecommuting. Kids are studying at home. Gyms are closed. A few among the many reasons pushing Americans across the country to seek bi... Read more...

Biden Victory Impact on USA’s Housing
Nov 2020 , by in INTERNATIONAL

As results trickle in following a historic 2020 general election, results seem to be leaning toward a Joe Biden victory, but potentially also a Republican-led Senate. What would the impact of a Biden presidency be on housing? “For the mortgage industry, a split government might be the best poss... Read more...

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