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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

COLUMBUS, Ohio — The Columbus police chief announced action to terminate the officer who fatally shot a Black man. He also filed two departmental charges alleging critical misconduct against Officer Adam Coy. "After an expedited investigation, I have sustained those charges. Based on these findings I am recommending discipline of termination of Officer Adam Coy," Police Chief Tom Quinlan said in a video that was uploaded to the police department's Facebook page on Thursday. 486

CORAL SPRINGS, Fla. — A Florida family says they were recently targeted by a terrifying kidnapping scam.Katie and Steve Watson live in Coral Springs, Florida and want to warn families about the crime.Katie tells WPTV that she received a call on Monday from a number she didn’t recognize. On the line she heard a whimpering child, then a mysterious man say he had kidnapped Katie’s daughter, Chloe."All of a sudden a man's voice came on the line, and he said, 'Katie I have your daughter. She's in the back of my van,' " Watson told WPTV on Tuesday.Katie said she quickly hung up, feeling in her gut that it was scam. "That's really part of what gave me the chills was somebody calling me by my name," said Watson. "That was unsettling."Katie says she figured it was a scam, but then got a bad feeling when she checked her daughter’s location through her phone's GPS.It initially said her daughter was at Westglades Middle School in Parkland, which Chloe attends. But then the GPS suddenly jumped to another location in Parkland.Upon further investigation, the Watsons found that her daughter was indeed at school, and more importantly, safe."I got chills all over my body and I was like, OK, I know that was a scam but that's like every parent's worst nightmare is to hear your kid has been kidnapped," said Watson.The FBI calls this a virtual kidnapping scam and says it’s evolved over the years and become more sophisticated.In the calls, a crook says he’s kidnapped your loved one and demands money in exchange for their safe return.In the Watsons' case, however, the scam was taken to a frightening new level with the use of a whimpering child on the line.The FBI offers these tips so you don’t become a victim: 1748

Click here to find out how you can help with the funeral costs for a young boy and his uncle who died in a collision in Ramona on Dec. 24. 146

Communities are still rebuilding after a Category 4 Hurricane Laura hit Louisiana in August.“I feel like I was coming to a third-world country when we came back," described Pam Abshire when she returned to southeast Louisiana home following the storm.As she assessed the damage to her home, Abshire began picking up shards of glass from the windows that were blown out by the hurricane.Abshire is an elementary school art teacher. She says she plans to use the glass for a project at school."They’ll have something to remember and they can hang on to," she said.The year 2020 has proven that Mother Nature knows how to challenge those who live in places like the Gulf Coast.In October, Hurricane Delta brought flooding, wind, and more pain to those who are still trying to clean up after Hurricane Laura less than two months ago.Dr. Tyson Green's home was destroyed by Laura and he doesn't know where his family of six will call home next. His family evacuated ahead of the storm, but he stayed behind to care for his patients. Now, he's raising thousands of dollars for frontline medical workers who lost everything in the storms.Other businesses, who were already struggling through the pandemic, are trying to stay afloat.As a man with a guitar plays upbeat music outside Jason Machulski's downtown Lake Charles market, business is giving him a positive outlook.Like many business owners this year, the pandemic has been a fight.“We provided toilet paper, essentials, meat, bread, cleaning supplies, but it hit us financially pretty bad," Machulski recalled.Hurricane Laura knocked his power out for a month. His lights are now back on, but for many others, they’ll stay dark.“A lot of businesses that are local staples are just gone," he said.The people of Lake Charles may wonder why Mother Nature chose them.“You just trust in God that he’s going to take care of things," said Abshire.For those still sifting through the rubble, rebuilding is less about why and more about what you can learn on the journey to recovery.“Picking up the pieces and going forward, and that’s what we’re going to do," Abshire said. 2124