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Housing Headed for Higher Ground in 2016

A firming economy, solid job growth, rising consumer confidence, higher household formations and pent-up demand are helping to bring buyers back into the marketplace, and these factors will bode well for housing in 2016, according to economists speaking at the National Association of Home Builders (NAHB) International Builders’ Show in Las Vegas.

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AEM Launches Infrastructure Competition

The Association of Equipment Manufacturers (AEM) announced the Infrastructure Vision 2050 Challenge — a three-phased, crowd-sourced competition to award a total of $150,000 in prizes for innovative ideas to overhaul the crumbling infrastructure that Americans rely upon to move people, materials, products, services and information.

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TRIP Report Chronicles Infrastructure Issues in Tennessee

Roads and bridges that are deficient, congested or lack desirable safety features cost Tennessee motorists a total of $5.6 billion statewide annually – as much as $1,821 per driver in some areas – due to higher vehicle operating costs, traffic crashes and congestion-related delays. Increased investment in transportation improvements at the local, state and federal levels could relieve traffic congestion, improve road, bridge and transit conditions, boost safety, and support long-term economic growth in Tennessee, according to a new report released by TRIP, a Washington, D.C.-based national transportation organization.

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