Job Growth Surges in January

The U.S. economy entered the new year with a strong gain in payroll employment and an unchanged unemployment rate. Job gains in November and December were much stronger than initially estimated, according to revisions of the establishment survey data. January’s jobs report shows that the job market remains unexpectedly strong despite the impact of the highest interest rates in two… Read More ›

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BALA Celebrates Inductees Downing/Leach, Kephart & Terwilliger

Bruce Downing and Jim Leach, Class of 2014 In the late 1960s, college buddies, entrepreneurs and visionaries Bruce Downing and Jim Leach came together to form Downing-Leach to meld their design-build skills with a desire to truly understand development, and pioneer the way for new, innovative neighborhoods in Boulder, Colo. Those first projects of Appleridge Park and Wonderland Hills, including a deep dive into solar design, put Leach and Downing “on the map” with national accolades and awards for their community planning…

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Private Residential Construction Spending Grows for Third Straight Month

NAHB analysis of Census data shows that private residential construction spending rose 1.4% in December, marking three months of gains. It stood at a seasonally adjusted annual pace of $911.7 billion. The 2023 annual spending on private residential construction was $864.9 billion, 5.8% lower than the 2022 annual totals. The monthly increase in total construction spending is attributed to more… Read More ›

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2014 Community of the Year: The Village of Providence

This large-scale, pedestrian-oriented, traditional neighborhood development in Huntsville, Alabama provides the timeless charm of southern life with the conveniences of a thriving and modern city. Businesses accommodate virtually every need a resident could have, from world-class dining options to internationally recognized hotels, pharmacies and medical offices. Housing options and amenities suit every lifestyle, from estate homes, cottages, townhomes, lofts and rental units. Everyone from first-time home buyers to those looking for a place to retire can find what they are…

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