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Caution Ahead: Construction Related Business are Swamping the Market

Martinka Consulting

Fact 1: In my 20+ years as an intermediary I have never seen so many construction related businesses on the market. Fact 2: In 2006 every bit of research done by anybody showed at least five years of solid commercial construction in the Puget Sound area. Fact 3: We all know what happened in 2008. You’ll see the ups and downs.

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Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. Amazingly, Bernanke spoke of pent-up demand for housing in January of 2008 The January 29-30 transcript was a whopping 194 pages long. percentage point to GDP growth in 2008 and 0.3

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Mish's Global Economic Trend Analysis: Job Growth Trends by Type.

MishTalk

Here is an interesting chart by reader Tim Wallace that shows growth on jobs in five distinct job categories: Construction, Manufacturing, Hospitality, Retail, and Government. On Construction Jobs : Construction staffing levels go back to May of 1997. December 2008 (85). November 2008 (78). October 2008 (108).

Trends 74
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Consultant Ninja: Booz & Company consultant-ese: Management.

Consultant Ninja

Monday, November 17, 2008. All too often we receive renumeration from world renowned enterprises for our broad reaching exotic linguistic constructions, creating internal incentives for the production of voluminous manuals and reports. :-) You must have Black Belt Sensei training! Monday, November 17, 2008. Post a Comment.

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Australia’s Alternate Universe: Lost in Space Roundup

MishTalk

Australia suffered its worst GDP decline since the financial crisis in 2008. percentage points and construction data released last week were much worse than expected. Economists expected a decline of 0.1% but Third Quarter GDP Declined 0.5%. Trade data subtracted 0.2 Business Investment was also weak.

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My Company is Better than Your Company

Martinka Consulting

In my 20 years in the buy-sell world I’ve never seen so many construction related businesses for sale as I’m seeing now. In 2006 all the predictions in the Seattle area were for at least five very solid years for commercial construction.

Company 40
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Damn the Bubbles, More Printing Ahead; Property Bubbles and the Perils of Easy Money

MishTalk

Home prices have soared 60 percent since the government provided 4 trillion yuan of fiscal stimulus in 2008 to bolster the economy after the financial crisis, prompting companies to borrow heavily to speed construction. Home Prices Up 60% Since 2008 Home prices in China rose 60% since 2008.