Upswing in apartment permits may indicate more construction jobs

Posted by IronPlanet on Dec 21, 2011 6:24:00 PM

Apartment constructions have jumped somewhat dramatically recently, and the increased number of permits indicates that the housing industry may soon be working its way back up.

According to the Washington Post, economists are speculating that 2012 will be the first year since the recession of 2007 in which housing construction will help the economy grow. About 685,000 homes were constructed in the month of November alone, jumping up more than nine percent from October. If these trends continue, 2012 is set to be a huge year for construction.

Those looking to capitalize on a potential wave of future business may want to shore up their construction equipment before the clients come calling. With IronPlanet's unique marketplace, doing so is a breeze - targeted marketing makes it easy to find specific compactors and dump trucks, all at competitive pricing.

If 2012 is to be the year that construction begins to ramp up, business owners will want to make sure they're ready to accommodate whatever their clients may ask them for.

Topics: Construction, Industry Headlines