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Commercial construction is experiencing a huge downtown and has yet to recover since it dipped at the start of the pandemic. But in contrast, residential construction is experiencing historic demands.“It's been a remarkable year for housing,” said Robert Dietz, chief economist for the National Association of Home Builders.When the pandemic hit, no one was sure what the impact would be on housing.“People need larger homes; they need to fix up their existing homes and frankly there’s not enough inventory on the marketplace so builders are really busy right now,” Dietz said.So busy, in fact, that some are deciding to buy new homes rather than wait for their projected renovation to start. The NAHB is a trade association with 140,000 members who handle all facets of family construction.“We’re looking this year, we think single family construction will be up almost 10% and that will make it the best year for single-family home building since the Great Recession itself,” Dietz said.But that doesn't, by any means, put anyone in a "perfect" position.“There are headwinds on the horizon and the industry has faced a number of persistent challenges that have reduced housing affordability,” Dietz said. “Those would include the persistent lack of skilled labor, lack of lots in high-demand markets, and of course regulatory costs have been a persistent thorn in the side of the industry causing costs to be higher and pricing out home buyers out of the market.”When demand goes up, supply goes down. Lumber prices are at an all-time high. It's taking months for builders to get their materials and supplies, and people are finding themselves stuck.“It can be a frustrating marketplace because you have those historically low interest rates that you want to take advantage of, you’re looking for more space given the changes to telework and all the factors that have changed as a result of the virus but there’s not the inventory there to meet the demand in front of the industry,” said Dietz.Ken Simonson, chief economist for the Associated General Contractors of America, was asked whether some are considering moving into the residential sector because it's doing so much better than the commercial side. He said, "Home building is really a different market."Simonson said the contractors in his organization do “apartment buildings, every type of non-residential building, infrastructure, highways, water and sewer systems, power plants and so forth.” He said contractors across the national saw an initial rebound, but it's been on a steady decline since the spring.“Non-residential construction, there’s a lot of doubt about whether there’s going to be demand for more stores or offices and whether owners whether they’re private or universities or state and local governments have the money to pay for them,” Simonson said.He says it's different in every state and region. Some niche industries are doing okay, like data centers, and the fields of medical device and health care. But most industries, like hotel and retail, for instance, have just about disappeared.“I have to say I’m pessimistic the construction industry is going to lag the overall economy,” Simonson said. “There are hopeful signs about the economy being able to pick up speed in 2021 if enough people get vaccinated and the vaccine proves to be effective.”Construction tends to take a while to bounce back. And for those who are waiting to move up or move out of their homes, economists say your best bet is patience. 3507

Colorado's First Gentleman, Marlon Reis, is now in the hospital due to worsening COVID-19 symptoms.Both Reis and Gov. Jared Polis tested positive for COVID-19 last Saturday. At the time, Polis said both of them had only mild symptoms.Over the weekend, Reis started to experience a slightly worsening cough and shortness of breath eight days after being diagnosed with COVID-19, according to the press release from the governor's office.As a precaution, Gov. Polis drove Reis to the hospital in his personal vehicle to be reviewed and treated. Polis says he is not experiencing any additional symptoms at this time.Reis posted on Facebook about the hospital trip, and said it was precautionary and used the message to encourage mask wearing.“Friends,Today, on day eight of my bout with Coronavirus, I experienced a worsening cough and shortness of breath. My doctor suggested that as a precaution I go to the hospital, so a few hours ago Jared drove me to the hospital where I was admitted and am now being closely monitored.“In addition to your kind thoughts and prayers for me and everyone else afflicted by this horrible virus, please be extra careful to avoid getting it. Wearing a mask properly reduces your risk by half! Also, make sure to avoid social gatherings (right now one in forty Coloradans are contagious with Coronavirus) and keep a distance from others.“I hope to be home soon!”Polis also posted a message to Reis’s Facebook page:“Marlon wanted me to convey how much he appreciates the hundreds of people who have reached out to wish him well on email, Facebook, and text. Reading the kind words and thoughts brings great joy to him as he recuperates. He also wanted me to share that he hopes to be well enough to reply in a few days but for now he wants me to thank everyone and let everyone know that he feels the love. -Jared”This story originally reported by Blayke Roznowski on TheDenverChannel.com. 1929

CUYAHOGA FALLS, Ohio — In an assignment given out at Roberts Middle School in Cuyahoga Falls, students had to choose who they felt were "most deserving" to be saved from a doomed Earth from a list based on race, religion, sexual orientation and other qualifications.The assignment, called Whom to Leave Behind, asked students to rank the 12 people from "most deserving" (1) to "least deserving" (12). Only eight of the twelve could be saved.The descriptions of the 12 people are as follows: 508

CORONADO, Calif. (KGTV) – A woman was treated for smoke inhalation Wednesday night after a boat caught fire near Coronado. According to Harbor Police, authorities received a call about the fire just before 7:30 p.m. Wednesday night near Zu?iga Point.When crews arrived on scene, no flames were visible, however, a woman aboard the boat at the time of the fire was treated on scene for smoke inhalation. Harbor Police say the fire is being investigated to see whether or not it was caused by an electrical issue. 520

Coffee giant Starbucks has set a goal to become more diverse: by 2025, they want 30% of its corporate employees and 40% of its retail and manufacturing employees to be Black, indigenous, and people of color.The Seattle-based company made the announcement Wednesday as they look to create a more diverse and equitable workplace to "advance racial and social equity as part of its ongoing journey to create a welcoming and inclusive Third Place.""As we consider the role and responsibility of Starbucks, as a company, to lead by example in areas of inclusion, diversity, and equity, we will be intentional about the actions we take and how they line up with our Mission and Values, commit to transparency with all stakeholders about our thinking and our goals, and hold ourselves accountable," Starbucks CEO Kevin Johnson said in a letter to employees.They also are starting a new mentorship program, anti-bias training requirements, and other initiatives.The company added that it'll connect its executive compensation program to its goals of building "inclusive and diverse teams."Starbucks says these diversity goals will ensure that its coffee shops are "welcoming places for all." 1191