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Keywords:Construction industry 

Journal Article
Tenth District construction: smoother sailing ahead?

Economic Review , Volume 77 , Issue Q II , Pages 43-55

Journal Article
Builders see green

Ninth District joins a growing trend in green construction
Fedgazette , Volume 19 , Issue Jul , Pages 14-16

Working Paper
Natural vacancy rates and the persistence of shocks in U.S. office markets

Working Papers , Paper 88-4

Report
The supply side of the housing boom and bust of the 2000s

The boom and subsequent bust in housing construction and prices over the 2000s is widely regarded as a principal contributor to the Financial Panic of 2007 and the subsequent Great Recession. As of this writing, housing market activity remains at depressed levels as the economy slowly resolves the legacy of excess supply and sharply lower prices. Over 2.6 million foreclosures have been completed since 2008 and 1.9 million foreclosures are in process. Much has been written about the demand side of this pronounced housing cycle, in particular, the innovations in mortgage finance and the ...
Staff Reports , Paper 556

Working Paper
The impact of unseasonable weather on housing starts

Working Paper Series / Economic Activity Section , Paper 86

Journal Article
Office vacancy rates: how should we interpret them?

Business Review , Issue May , Pages 3-12

Report
Implications of the financial crisis for potential growth: past, present, and future

The scale of the recent collapse in asset values and the magnitude of the recession suggest that activities connected to the increase in values over the 2002-07 period--notably, expansion of the financial markets, homebuilding, and real estate--were overstated. If this is true, aggregate U.S. economic growth would have been overstated, implying that previous rates of potential gross domestic product (GDP) growth may also have been overstated and that the trajectory of potential GDP may be slower going forward. Slowing growth in the finance, homebuilding, and real estate sectors could hold ...
Staff Reports , Paper 408

Working Paper
Leasing as a lottery: implications for rational building surges and increasing vacancies

Working Papers , Paper 92-10

Journal Article
Cloud over commercial real estate is slowly lifting in Texas

Every segment of the Texas commercial property sector suffered during the recession of 2009. Demand withered for space in offices, warehouses and retail centers, pushing up vacancy rates and lowering rental rates. Private nonresidential construction dropped sharply, reaching near-record lows. The global financial crisis temporarily brought lending to a halt. Commercial-mortgage-backed securities (CMBS) lending dried up in Texas and the U.S. as it became clear that repackaging suspect loans didn't lower risk. Banks also became wary of adding CRE loans to their books, especially in Texas, where ...
Southwest Economy , Issue Q2 , Pages 10-13, 16

Speech
Housing and the economic recovery

Remarks at the New Jersey Bankers Association Economic Forum, Iselin, New Jersey.
Speech , Paper 73

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