Construction Levels News Today

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>> exactly. some of the markets include san francisco, where i am right now. many markets in texas actually, austin, houston, they avoided the worst of the housing crisis so theyre getting back to normal more quickly. >> seattle. >> yeah, seattle is also back in normal range but places are still struggling like las vegas, detroit. construction levels are still well below normal in those markets. >> now, as we look at this gain in value over the last year, consumer sentiment is certainly a part o...

Budget? >> well, congressman engel, this is a bipartisan problem. since 2007, the department has consistently requested greater funding for embassy construction and diplomatic security, but with the exception of 2010, the congress has consistently enacted less than requested. most notably in 2012, the department received 340 million dollars less than requested, close to 10% less. now, over the last two years, cuts to the embassy construction, security and maintenance budget was almost 10% of tha...

Has recommended an increase in facilities funding to 2.2 billion per year to restore the construction levels called for in the 1998 arb report. the only other one that was ever public. and i would go back to something the chairman said because this was a point made in the arb. consistent shortfalls have required the department to prioritize available funding out of security accounts. and i will be the first to say that the prioritization process was at times imperfect but as the arb said the fun...

>> congressman, this is a bipartisan problem. since 2007, the department has consistently requested greater funding for embassy construction and diplomatic security, but with the exception of 2010, the congress has consistently enacted less than requested, most notably in 2012, the department received $340 million less than requested. close to 10% less. over the last two year, cuts to the security and maintenance budget was almost 10% of that as well. now the arb and i would refer to them becaus...

10% off as well. now the arb as you said have recommends an increase in facilities funding to $2.2 billion per year to restore the construction levels called for in the 1998 arb report. the only other one that was public. i would go back to something the chairman said. consistent shortfalls have required the department to prioritize available funding out of security accounts. i will be the first to say that the prioritization process was imperfect but the funds provided were inaccurate. we need ...