No industry contracted more during Michigan’s “lost decade” than construction.
The value of new construction, including homes, offices, factories, hospitals and schools, fell by more than half, from $21 billion in 2001 to $9.2 billion last year, as measured by state gross domestic product.
During the same period, Michigan lost 82,000 construction jobs, a 40 percent drop from the 205,000 construction jobs in the state at the end of 2000.
Bridge: Factory work drives slow Mich. recovery
"Updating Michigan standards last addressed in 2015, state officials are to consider a new, more energy-efficient home construction code this year ─ likely sparking a battle between home builders and environmentalists who back stronger energy mandates."
State officials will consider raising minimum energy standards for newly constructed homes. Environmental groups back the tougher standards, noting a federal study showing savings in utility costs. Home builders object that it will raise the cost of new construction.
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