The good news is that construction, one of the of the hardest-hit industries during the recession, amounts to 15% of overall job growth in the past six months. The housing recovery means more builders are starting construction on new housing units. In fact, housing starts were up 47% from March 2012, exceeding one million starts at an annualized rate for the first time in five years, writes MoneyWatch.
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Gateway First Bank made back-to-back announcements this week regarding two key hires. The bank welcomed Joell Maddox as director of treasury services and Thomas Ramm joined as chief investment officer.