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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

D.C. Mayor Muriel Bowser said she was “proud” of protesters painting DEFUND THE POLICE on the city street. She refused to remove it.Joe Biden and his party show nothing but disrespect to law enforcement. pic.twitter.com/YEBQiArNlL— Trump War Room - Text TRUMP to 88022 (@TrumpWarRoom) August 18, 2020 308

CORONA, Calif. (AP) — A fatal shooting inside a Costco Wholesale warehouse store Friday night took place after a man attacked an off-duty police officer, the Corona Police Department said.Kenneth French, 32, of Riverside assaulted the Los Angeles Police Department officer while he was holding his young child, the department said in a statement Saturday night. The officer fired his gun, hitting French and two of French's relatives, the department said.French was killed, the department said. The relatives are in critical conditions at hospitals.The officer, whose identity is being withheld, was treated and released at a nearby hospital, and the officer's child was not injured, the department said.The officer was the only person who fired shots in the store, the department said.The shooting prompted a stampede of frightened shoppers to flee the store east of Los Angeles and seek cover inside.Witnesses said they saw a man with a Mohawk haircut arguing with someone near a freezer section when shots rang out at least six times. The man involved in the argument was killed, Corona police Lt. Jeff Edwards said.Witnesses said there was an altercation. Shoppers and employees described terror and chaos when shots rang out shortly before 8 p.m. Friday and police swarmed the store.Shrieks from inside the store were heard on video recorded by shopper Nikki Tate, who had stopped by with her daughter to pick up steaks and lobsters for Father's Day.Tate said Saturday she was by the meat section when she heard "about six or seven shots." She dropped to the ground and crawled toward her daughter who was at the other end. They huddled until they were able to escape through a side door."I saw people and heard shots and my first though was 'Jesus, is this another mass shooting?'" she said. "I didn't know if this was a random thing or a domestic thing or if this was a mass shooting. Everything was happening so fast, I just wanted to get me and my kid to safety."In the video, her daughter says, "Mommy, we need to go."The Los Angeles Police Department said in a statement Saturday afternoon that it has launched its own investigation of the incident.Christina Colis told the Riverside Press-Enterprise that she was in the produce area when she heard six to seven shots and hid with other shoppers in a refrigerated produce room. She said her mother saw people injured on the floor."I thought maybe someone dropped a bottle of wine, but then I kept hearing shots," shopper Will Lungo told the Press-Enterprise newspaper. "An employee came in and helped us out through the emergency exit."Witnesses told KCAL-TV that shoppers and employees rushed to the exits. The station reported that more than 100 people were outside the store at one point. Left behind inside the store were purses, cellphones and backpacks from panicked shoppers, Corona police said. 2871

COLORADO SPRINGS, Colo. — More than 150 students at Colorado College are being quarantined for the next two weeks after one tested positive for the COVID-19 over the weekend.“At first I was like, shocked, but after a little while it sunk in like, 'Wow, that’s 14 days in one room,'” said Colorado College freshman Andrew Kaelin.Kaelin and Oliver Kendall only met Saturday. On Sunday, these roommates found out they will be spending nearly every minute of the next two weeks with each other. Students are allowed to only leave the room for laundry, bathroom and water. Food for the day is delivered to the room.“It’s a good way to get to know someone,” Kendall said.Before moving in, all students were required to take a COVID-19 test and were asked to isolate in their dorm rooms until the results came back.Brian Young, with Colorado College, said the student who tested positive went into the hallway of the dorm rather than staying in the room.“Immediately, as we isolated, the individual did our contact trace, realized, unfortunately, (that they) didn’t follow the guidelines we were after,” Young said.Neither Young or the El Paso County Health Department could say exactly how many came in contact with the student. Whatever the number was, it was enough to lock down Loomis Hall and the 155 first-year students living there.“All of our students are doing fine. No one is symptomatic,” Young told KMGH.Young said anyone showing even one symptom will be tested immediately. Colorado College is also providing students the ability to speak to a mental health expert as needed. Young says students will be allowed to get some fresh air with supervision.This story was originally published by Gary Brode at KMGH. 1723

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

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