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Road agencies gear up for harsh, costly winter

August 27, 2014 |

Costs associated with last year’s wicked winter weather could carry over to 2014-15 as road officials and others charged with keeping roads clear replenish salt supplies.

“The harsh winter last year caused many road agencies, and other public entities … … Read More

Improving Economy Slowly Brightens Outlook for Commercial Real Estate

August 26, 2014 |

WASHINGTON (August 26, 2014) – The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of Realtors® … Read More

Michigan’s New Minimum Wage Goes Up Sept. 1

August 25, 2014 |

LANSING — Beginning Sept.1, Michigan workers will see an increase in the minimum wage rate from $7.40 to $8.15, the first rate increase in six years. The new change to state law marks the beginning of a gradual 25 percent … Read More

Multifamily Vacancy Compression Stalls in the Second Quarter, Not Unexpected

August 20, 2014 |

The national vacancy rate remained unchanged at 4.1 percent during the second quarter, a potentially worrisome result for those who fret about the near-term future of the apartment sector. As we explain in this column, this is not unexpected, and … Read More