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The Outside View...
The NAHB Green Scoring Tool
from the National Association of Home Builders
In support of its National Green Building Program, the National Association of Home Builders has launched www.nahbgreen.org. The Web site includes a "Green Scoring Tool" designed to be useful to skilled professionals as well as novices, providing information about the why and how of green building at every step... read more
The Great American Jobs Machine Is Conking Out
from BusinessWeek.com
Like lava flowing from a volcano, creative destruction—the economic notion that old companies and industries have to be wiped out before new ones can be born, first popularized by economist Joseph Schumpeter—is scary but beautiful. In the New Economy of the late 1990s, this phenomenon turned the U.S. into an amazing job-generating machine, because the rapid destruction of companies and jobs in flagging industries was outpaced by even more rapid creation of new jobs in growing sectors. From the bottom of the 1991 recession through the economy's peak in early 2001, the U.S. created 24 million jobs... read more
Analysts Still Bullish on Home Depot, Despite Cuts
from the Atlanta Journal Constitution
The future of the home improvement business looks bright despite Home Depot's decision this week to cut 500 jobs at its corporate headquarters in Atlanta, analysts say.
"We think that the prospects longer term are very attractive for home improvement," said Stephanie Hoff, senior retail analyst with Edward Jones. "Frank Blake has done a tremendous job of trying to right this ship ... getting Home Depot back to its roots. In our view that's going to pay dividends."... read more
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