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	<title>Comments on: Confidence in Recovery Waning</title>
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		<title>By: Joe Stoddard</title>
		<link>http://buildintelblog.com/2009/10/19/confidence-in-recovery-waning/comment-page-1/#comment-384</link>
		<dc:creator>Joe Stoddard</dc:creator>
		<pubDate>Wed, 21 Oct 2009 16:43:35 +0000</pubDate>
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		<description>Confidence? 
Recovery? 

There was a little blip of pent-up demand created by cash buyers who have been sitting on the sidelines waiting for the best possible bargains... and there was the federal tax credit which created a handful (relatively) of new home sales...  

But without a manufacturing-based JOBS recovery there wasn&#039;t, isn&#039;t, can&#039;t be, and won&#039;t be any kind of sustained housing/trades recovery.  There can&#039;t be. 

What&#039;s on the horizon to drive job growth?  Nothing.  We&#039;ve sold our manufacturing capability offshore and to China. 

There is  one thing that could drive a substantial number of new jobs across all sectors (that doesn&#039;t require a world war..) Residential energy retrofits.  Old-school, nuts and bolts- according to some analysts this is an $840 billion market, much larger than anything the feds could do at this point. Check out this thread on our forum.  

http://bit.ly/hRxuH

Joe Stoddard
Moderator and Contributing Editor
Business Technology/ The Journal of Light Construction</description>
		<content:encoded><![CDATA[<p>Confidence?<br />
Recovery? </p>
<p>There was a little blip of pent-up demand created by cash buyers who have been sitting on the sidelines waiting for the best possible bargains&#8230; and there was the federal tax credit which created a handful (relatively) of new home sales&#8230;  </p>
<p>But without a manufacturing-based JOBS recovery there wasn&#8217;t, isn&#8217;t, can&#8217;t be, and won&#8217;t be any kind of sustained housing/trades recovery.  There can&#8217;t be. </p>
<p>What&#8217;s on the horizon to drive job growth?  Nothing.  We&#8217;ve sold our manufacturing capability offshore and to China. </p>
<p>There is  one thing that could drive a substantial number of new jobs across all sectors (that doesn&#8217;t require a world war..) Residential energy retrofits.  Old-school, nuts and bolts- according to some analysts this is an $840 billion market, much larger than anything the feds could do at this point. Check out this thread on our forum.  </p>
<p><a href="http://bit.ly/hRxuH" rel="nofollow">http://bit.ly/hRxuH</a></p>
<p>Joe Stoddard<br />
Moderator and Contributing Editor<br />
Business Technology/ The Journal of Light Construction</p>
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