Category
Economy
Markets, trade, employment, prices and economic policy.
Credibility summary
Of the 186 claims in Economy with evidence either way, 91% held up.
Showing 1201-1220 of 1595 claims
Irvine is frequently described as a wealthy suburb and its per capita income far outranks any other large city in the county
Building more housing on the urban edge is the easiest way to boost those numbers
Economists estimate the current housing shortage at somewhere between four million and seven million units
Paul M Romer and Edward L Glaeser have boosted the new city concept in the United States and abroad
Lore’s aim is to upend the economics of land use a foundation would manage development and lease land to residents and businesses
Irvine has a dense base of employment including a university manufacturing and high-rise office buildings
The Irvine Company started developing farmland during California’s post-World War II boom and was taken over by investors including Donald Bren in the late 1970s
Donald Bren is the sole owner and one of the country’s richest people thanks to Irvine’s growth
Building new urban areas on vacant land without complexities of existing city is a more efficient way to produce homes and expand businesses
The Irvine Company built almost all of Irvine and was a grain and citrus farming operation for most of its 160-year history
Two major mines in Tumbler Ridge shut down in 2000 and 2003
Dodge Momentum Index grew 20.8% in July to 280.4 from June reading of 232.1
Largest institutional projects to enter planning were $459 million ASM Campus research and development lab and office in Scottsdale Arizona $398 million research and development lab in San Diego California and $380 million PPV Unaccompanied Housing Navy Dormitory project in Norfolk Virginia
Largest commercial projects included $500 million Fairview Connections Data Center in New Cumberland Pennsylvania $500 million Jabil AI Data Center in Salisbury North Carolina and $460 million Peabody Union Hotel in Nashville Tennessee
Commercial segment increased by 24% from July 2024 institutional segment rose by 85% over same period
Hospital Corporation of America announced slew of hospital projects in July driving very strong growth over a single month
MassDOT entered over $700 million in planning towards construction of several service plaza projects throughout the state
Volatility in planning activity will remain elevated as economic and fiscal uncertainty remains prevalent
All commercial sectors gained momentum over the month notably led by strength in data centers and warehouses
Commercial planning grew 14.2% while institutional planning expanded 35.1% over the month
Recently analyzed in Economy
Some price increases stemmed from tariffs other factors like housing and food costs played a larger role
June inflation highest since February Trump's tariffs increased prices
Prices are rising because of tariffs
Risk is that investors begin to doubt United States will pay back its debts and start demanding higher interest rates
The New York Times
Country is still on track to borrow an alarming amount of money in coming years
The New York Times