Single-family housing starts now at 2007 bubble level

first_img(iStock)The number of housing units under construction grew for the third month in a row, as housing continues to drive the construction industry.The last time single-family homes were built at this pace was 13 years ago, just before the housing bubble burst.Housing starts last month increased 1.2 percent, seasonally adjusted, with 19,000 more units getting under way than in October, according to the Census Bureau’s monthly report on residential construction. In October housing starts grew by nearly 5 percent month-over-month, while in September they grew by 2 percent compared to August.Housing starts in November were up 12.8 percent from the same period last year, when just 1.37 million units were under construction.Read moreHomebuilder confidence drops for first time since AprilHousing drives rise in construction spending OctoberHousing starts rose almost 5% last month Email Address* Share via Shortlink TagsConstructionHousing MarketResidential Real Estate Full Name*center_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Message* Residential construction accounted for 44 percent of total construction spending in October, the most recent period for which data is available. But homebuilders, which have been reporting unprecedented levels of optimism for the housing market, are beginning to rein in expectations. This month an index tracking homebuilder sentiment dropped for the first time since April.But Joel Kan, head of industry forecasting at the Mortgage Bankers Association, noted that permits for single-family home construction rose to 2007 levels, which he said could indicate that the increase in homebuilding may continue into early 2021.He also noted that housing starts of single-family homes had reached the highest level since 2007 for the second month in a row. The record was initially broken in October.Building permits were up 6.2 percent to 1.63 million units, seasonally adjusted, compared to October. Permitting was up 8.5 percent year-over-year.Despite increases in housing starts and permits, supply remains tight. Housing completions last month dropped 12 percent to 1.16 million units, seasonally adjusted, from 1.3 million units finished in October.Contact Erin Hudsonlast_img read more

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USS Bainbridge Drops Anchor in Seychelles

first_img View post tag: USS View post tag: Anchor View post tag: News by topic View post tag: Navy View post tag: Seychelles View post tag: Bainbridge View post tag: Victoria View post tag: port View post tag: drops Share this article View post tag: Naval View post tag: Defense Back to overview,Home naval-today USS Bainbridge Drops Anchor in Seychelles August 26, 2013 USS Bainbridge Drops Anchor in Seychelles View post tag: Defence Guided-missile destroyer USS Bainbridge (DDG 96) arrived in Port Victoria, Seychelles for a port visit, Aug. 26.This port visit serves to continue Naval Forces Europe-Africa efforts to strengthen maritime partnerships with East African nations like Seychellesv to enhance regional stability.Bainbridge joins other U.S. Navy ship USS Carter Hall (LPD 50), which arrived Aug. 25.While in Seychelles, Sailors will have the opportunity to experience the local culture and will assist Nature Seychelles with wetland preservation. “Bainbridge looks forward to the opportunity this port visit provides us: a great occasion to meet with the people of Port Victoria and to experience the rich history and culture of Seychelles. The crew has worked extremely hard over these past few months and deserves some much needed rest and relaxation,” said Cmdr. David J. Pearson, Bainbridge commanding officer. “It also lends a chance for us to continue U.S. Naval Forces Europe-Africa’s effort to build global maritime partnerships with African nations in order to improve maritime safety and security for all nations.”Bainbridge, homeported in Norfolk, Va., is currently on a scheduled deployment in support of maritime security operations and theater security cooperation efforts in the Naval Forces Europe-Africa Area of Responsibility.[mappress]Press Release, August 26, 2013; Image: US Navylast_img read more

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USS Abraham Lincoln joins major Italian exercise Mare Aperto

first_img View post tag: USS Abraham Lincoln View post tag: US Navy US Navy aircraft carrier USS Abraham Lincoln and ships from its carrier strike group (ABECSG) have joined Italian Navy aircraft carrier ITS Giuseppe Garibaldi as part of exercise Mare Aperto, an Italian multilateral maritime warfare exercise designed to promote interoperability and proficiency.The exercise started April 29 and will last until May 10, 2019.Multiple surface, subsurface, and air platforms are showcasing their naval powers and agility in the exercise, both in open sea and shallow water environments.This year’s edition of the exercise will be joined by 40 ships and 5 submarines from the navies of Canada, France, England, the Netherlands, Portugal, Spain and the United States.“Mare Aperto is a training exercise centered around the Italian naval forces,” said Capt. William Reed, commander of Carrier Air Wing (CVW) 7. “We are providing several F/A-18 sorties to help train in defense and counter air protection for high-value units. We also are participating in command and control pieces of Mare Aperto.”Standing #NATO Maritime Group Two (SNMG2) participating in ?? Italian maritime exercise #MareAperto this week in the #MediterraneanSea. Exercise includes more than 40 ships, 5 subs and 30 aircraft from ????????????????? pic.twitter.com/SD72inlFCJ— NATO MaritimeCommand (@NATO_MARCOM) May 1, 2019 View post tag: Italian Navy The Arleigh Burke-class guided-missile destroyer USS Bainbridge (DDG 96), a part of the ABECSG, is also providing direct support to Mare Aperto. Bainbridge is operating alongside other exercise participants to train in anti-submarine, anti-surface, anti-air, and amphibious warfare.The US Navy also has P-8 Poseidon aircraft from Combined Task Force (CTF) 67 in Naval Air Station Sigonella, Italy, supporting the exercise.Coalition operations are a hallmark of the ABECSG’s deployment in the Mediterranean, which is focused on building interoperability among NATO allies.“It’s a big deal for us to operate with our partners and for them to operate with us,” said Murphy. “You begin to understand how these navies operate and appreciate their phenomenal mariner and war-fighting skills. This creates the cohesive unity you need in this part of the world.”center_img Photo: Photo: Italian Navy View post tag: SNMG2 Share this articlelast_img read more

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New strike dates announced as UCU members consider deal

first_imgThe University and College Union (UCU) have announced that members will be balloted next week on whether they accept the latest proposal from UniversitIes UK (UUK), as new strike dates impacting Oxford are announced.Ten members of UCU’s higher education committee voted to put the deal to ballot, with eight opposed and one abstention. Cherwell understands this went against the views of many union branches, who pushed instead for the offer to be revised.The announcement comes as the UCU plans for further strike action at 13 universities including Oxford, which could disrupt teaching and administration at the beginning of Trinity.Representatives from UCU’s university branches and the union’s higher education committee met earlier today to discuss last week’s proposed deal from UUK.UUK’s main proposal was the creation of a “Joint Expert Panel”, comprised of actuarial and academic experts nominated in equal numbers from both UCU and UUK. It is hoped that the panel would agree to the key principles which underpin the future joint approach of UUK and UCU to the valuation of the Universities Superannuation Scheme (USS) fund.After seeking some clarification on the proposed deal, including that the defined benefit element of the scheme would be maintained while a joint-expert panel considers the valuation of the USS fund, the UCU committee voted to put the proposal to members in a ballot scheduled for next week.When consulted this week, many UCU branches expressed that they did not wish the proposal to go to ballot in its current form. Instead, they voted in favour of going back to UUK and asking them to revise their offer, with the hashtag #ReviseandResubmit proving popular amongst members.Looks like we now have to launch a reject ballot campaign. Touché to @UniversitiesUK who’ve played a blinder, & now have us fighting our own internal campaigns, rather than fighting them. Will wait to see if @ucu present members with a ‘recommendation’ along with the ballot. https://t.co/MKxbTEW3Qk— Jo Grady (@DrJoGrady) March 28, 2018 Oxford UCU said that they received 171 responses to their consultation. While 23 members were outright against UUK’s offer, 95 supported it and a further 19 supported the offer “with qualifications”. Additionally, 34 members were categorised as either having “queries about offer”, believing the “offer needs to go further”, or were deemed to be “undecided”. UCU general secretary, Sally Hunt, said: “These latest proposals were won by the solid action of UCU members and now is the time for them to have their say on what happens next.”Chief Executive of Universities UK, Alistair Jarvis, confirmed to UCU in a letter this morning that UUK was “committed to maintaining a meaningful Defined Benefit scheme”, quelling the doubts of many union members and negotiators.However, he added: “Longer term we would like to work jointly with UCU to consider other risk sharing alternatives.”In addition to the announcement of the ballot, UCU also confirmed there will be further strike dates in April, impacting 13 universities. Oxford is one of those affected, with five days of strikes covering 0th week of Trinity term due to occur if an agreement is not made.UCU said if the dispute was not resolved there would be action targeted to hit teaching and the exam and assessment period at all 65 universities, to be confirmed at a later date. According to an official statement, the amount of strike dates an institution would face during the exam period “would depend on any earlier action taken in April and aimed at teaching.”This suggests that if an agreement between UUK and UCU is not made before the exam season, Oxford would be hit with comparatively less industrial action than many other universities, due to the announced strike dates covering 0th week Trinity.UUK said in a statement: “Today’s decisions will lead to union members being consulted on whether to support the establishment of the Joint Expert Panel. This panel will help to build confidence in the valuation process and assumptions.“It will also give time to pause, to reflect and to rebuild the trust that has been damaged over the past few months.“Employers have indicated their support for this proposal, however, this is conditional on the suspension of industrial action. We expect the union to provide urgent clarity on the action planned for the week of the 16th April. Suspension of this action would be a huge relief to students ahead of the main examination period.”Oxford UCU have been contacted for comment.last_img read more

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Governor Pence Statement on Dallas Shootings

first_imgIndianapolis – Governor Mike Pence today issued the following statement in response to the shootings of 12 police officers in Dallas, Texas, which left five officers dead and others wounded.“Our condolences and prayers go out to the families of the law enforcement officers who lost their lives in the horrific ambush in Dallas last night. This cowardly attack is a national tragedy and the hearts of every Hoosier are in Dallas today.“This attack on police officers in Dallas is also a heartbreaking reminder of the risks the men and women of our law-enforcement community take every day to protect and serve our communities.“In the wake of this tragedy, we must be clear that violence and threats against law enforcement officers will never be tolerated and ensure that our police have the training and resources to defend themselves as they defend our communities.“Our hearts also go out to the families of those who lost their lives in police shootings in Louisiana and Minnesota earlier this week.“As we mourn with those who mourn, now is also a time for Hoosiers to humble ourselves and reflect on how each of us might build bridges of opportunity and hope in struggling communities across our state.“To heal our land, we must stand with those who protect and serve and continue to reach out with generosity and compassion for those in need.”FacebookTwitterCopy LinkEmailSharelast_img read more

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‘Moorish National’ Loses Appeal Of House-Squatting Conviction

first_img‘Moorish National’ Loses Appeal Of House-Squatting ConvictionDave Stafford for www.theindianalawyer.comA man who identifies as a “Moorish National” sovereign citizen immune from state and federal law had no luck persuading the Indiana Court of Appeals to overturn his convictions arising from his occupancy of an Indianapolis house that was being prepared for sale after foreclosure.Wendell Brown, also known as Menes Ankh El, was found squatting in a home on West 39th Street in Indianapolis in April 2012, when a listing agent drove by on an occasional inspection of the property. Ankh El told the agent he had purchased the property, at which time the agent called police.Ankh El told police he had documents proving his ownership of the home, and he later produced a self-made identification card and a deed he had drafted entitled “Freehold in Deed” giving him possession of the property. Police arrested him and found he had moved himself and many possessions into the house.A jury convicted Ankh El on all five counts — Class C felonies burglary and forgery, Class D felony theft, and misdemeanors trespass and driving while suspended. The theft and trespass convictions were merged as lesser-included offenses and he was sentenced to four years, with two served in community corrections and two suspended to probation.The Court of Appeals affirmed Tuesday, rejecting much of Ankh El’s appeal based on Moorish National sovereign citizen arguments that courts and laws of the state didn’t apply to him. Ankh El “argues that he is ‘a member of the ‘sovereignty’ and is ‘not bound by general words in statutes,” Judge Patricia Riley wrote for the panel. “Instead, ‘[a]s a sentient being,’ he claims that he is ‘governed by common law and [has] the natural right to do anything which [his] inclinations may suggest, if it be not evil in itself, and in no way impairs the rights of others. … We find no merit in (his) rambling contentions.”The panel held that the trial court had subject matter jurisdiction over Ankh El; the denial of his request to retain “Consuls from the Moorish American Nation” was proper because they were not licensed to practice law in Indiana; the evidence was sufficient; the charging information was not defective for listing his given name of Wendell Brown; and the court did not exhibit prejudice resulting in fundamental error by preventing him from presenting an adverse-possession defense.Ankh El told the agent and police “that he was the owner of the property, which he had recently purchased for $250,000 … created a deed purporting to claim the Property as his own, and he filed this homemade document with the Marion County Recorder,” Riley wrote in Wendell Brown a/k/a Menes Ankh El v. State of Indiana,49A05-1311-CR-550. “He also hung a flag on the front gate, changed all of the locks, and posted multiple signs warning against trespassing” after moving in with his possessions. “… [I]t is apparent (he) intended to steal the Property from its owner(s).”FacebookTwitterCopy LinkEmailSharelast_img read more

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Paul McCartney Invites 10-Year-Old Fan To Jam With Him On ‘Get Back’ [Watch]

first_imgLast night, beloved Beatle bassist Paul McCartney kicked off a run of shows in South America on his “One on One” tour. Performing at Estadio Ciudad de La Plata in La Plata, Argentina, McCartney rocked through a number of classics from his entire catalog, before an audience member’s sign caught his eye during the encore. The sign apparently asked if McCartney could sign her teddy bear, but when she got up on stage, she asked if she could play the bass on “Get Back” instead. The crew members obliged, finding a spare bass for the young girl, who promptly played and sang with the Beatles legend on the classic Let It Be single. Watch it all go down below, courtesy of facu1983p:McCartney returns to Estadio Ciudad de La Plata tomorrow night for a second performance. Check out the setlist from night one below:Edit this setlist | More Paul McCartney setlistslast_img read more

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Jazz Fest Adds John Prine, Corey Henry, PJ Morton, More To 2019 Lineup

first_imgThe world-famous Jazz Fest will return to the Fair Grounds Race Course to celebrate their 50th anniversary from Thursday, April 25th through Sunday, the 28th, and Thursday, May 2nd to Sunday, May 5th. That’s right, both weekends will start on a Thursday and end on a Sunday, alleviating some of the crowded atmospheres that the first weekend is traditionally known for.Jazz Fest has added a new batch of performers to their already extensive 2019 lineup, with John Prine, Aloe Blacc, Bleachers, and New Orleans’ own PJ Morton heading the newly added artists.Corey Henry & Treme Funket, Dja Rara, Sarah Quintana, Paula & the Pontiacs, and Kumbuka African Drum & Dance Collective have also been added to the schedule, organizers announced.In January, event organizers rolled out the 2019 lineup, which features The Rolling Stones, Dave Matthews Band, Katy Perry, Jimmy Buffet & The Coral Reefer Band, Dianna Ross, Chris Stapleton, Bob Seger & The Silver Bullet Band, Santana, Pitbull, Van Morrison, Al Green, Logic, Earth, Wind & Fire, Trombone Shorty & Orleans Avenue with Nevilles, Gladys Knight, John Fogerty, The Revivalists, Leon Bridges, Chaka Khan, Herbie Hancock, Tank and the Bangas, Tom Jones, Bonnie Raitt, Alanis Morissette, Gary Clark Jr., Irma Thomas, Doobie Brothers, The O’Jays, Ziggy Marley, Mavis Staples, The Head and The Heart, Jimmy Cliff, Ellis Marsalis Family Tribute, Boz Scaggs, Aaron Neville, Galactic, Jerry Lee Lewis, Rebirth Brass Band, Indigo Girls, Los Lobos, Big Freedia, Kamasi Washington, Rita Coolidge, Buddy Guy, Preservation Hall Jazz Band, Better Than Ezra, Lauren Daigle, Dumpstaphunk, Taj Mahal & The Phantom Blues BAnd, Ani DiFranco, Hurray for the Riff Raff, Gregory Porter, Maze featuring Frankie Beverly, Shirley Caesar, The Radiators, The Robert Cray BAnd, Karl Denson’s Tiny Universe, Jonathan Butler and Gerald Albright, North Mississippi Allstars, The subdudes, The Mavericks, Anders Osborne, Little Feat, Samantha Fish, Naturally 7, Big Sam’s Funky Nation, Kermir Ruffins & The Barbecue Swingers, Sweet Crude, Boyfriend, The Dirty Dozen Brass Band, Rance Allen Group, Sonny Landreth, Cyril Nevill’s Swamp Funk, Bonerama, Foundation of Funk, George Porter Jr. & Runnin’ Pardners, Bobby Jones & The Nashville Super Choir, Little Freddie King, The Soul Rebels, Steve Earle & The Dukes, and hundreds more.All ticketing information, as well as daily lineups for the 2019 Jazz Fest can be found via the festival’s website.last_img read more

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At Radcliffe, students connect with Angela Davis’ activism

first_imgThis winter, 11th and 12th graders from the TechBoston Academy class Co-DesignEnglish visited the Schlesinger Library on the History of Women in America at the Radcliffe Institute. The course was designed by the students in collaboration with their teacher Casey Andrews, and focuses on equity and activism.The themes of the class match those of “Angela Davis: Freed by the People,” currently on view in the Library’s Lia and William Poorvu Gallery. Activism is at the heart of Davis’ legacy, and the class visit presented an opportunity for students to deepen their understanding of her work by engaging directly with primary sources from her papers, housed at the Schlesinger. It also aligned with the vision behind Radcliffe’s new strategic plan, Radcliffe Engaged.The students explored Davis’ childhood in segregated Birmingham, Alabama and later images of her 26-year-old face slapped on an FBI wanted poster. They viewed photos, letters, and fan art from Davis’ efforts to promote fairness in the justice system and from her prison-abolition advocacy. The trove of archival materials captures the arc of Davis’ life and work and connects to many of the same issues students are wrestling with today.After returning to the classroom, the group dove deeper into Davis’ legacy. Pairs of students were each given an acid-free storage box full of archival materials from the collection. The students discovered bills, telegrams, love letters, pamphlets, and documents from worldwide freedom struggles.“While reading the documents, I learned more about her personality,” said Tyeanna Freeman Holnes, an 11th grader. “Angela Davis was not afraid to express herself and take risks for what she wanted.”As the session came to a close, the students were asked to imagine the contents of their own personal archives. They paused before exploring the endless possibilities. Some pictured rooms full of artwork, some envisioned archives made up of old text messages, and a few mentioned journal entries and poems that they would like to share with the world. Ultimately, the students found inspiration for their own activism in their visit to Schlesinger. In the words of 12th-grader Kayla Correia: “Through the works of Angela Davis, I’ve been enabled to continue to learn the importance of global unity to fight injustice.”Tamar Brown of the Schlesinger Library contributed to this report.last_img read more

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Chittenden Bank trims Vermont workforce, closes five branches

first_imgChittenden Bank trims Vermont workforce, closes five branchesPeople’s United Financial, which operates Chittenden Bank, is cutting 71 Vermont employees and closing five local branches in an attempt to save $57 million in company expenses, excluding severance costs. The company will close 20 branches and 420 positions company wide throughout the New England region. Vermont branches in Bennington, Brattleboro, Arlington, West Dover, and on Bank Street in Burlington will close within a month to 90 days, leaving only two Chittenden Banks in each community. The closures will decrease Chittenden’s branch count in Vermont from 52 to 47. The layoffs included eliminating 20 vacant positions, 14 jobs through attrition, and 37 lay-offs, most of which were teller and other entry level positions. Before the cuts, a total of 1,158 employees were part of Chittenden Bank’s Vermont workforce. People’s United financial has over $21 billion in assets with over 300 branches throughout Vermont, New York, Massachusetts, Maine, New Hampshire, and Connecticut. The cuts were expected after People’s United Financial finalized their acquisition of Chittenden Bank last summer.last_img read more

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