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5 Indicators of a Rebound

Bounding back graphic

According to columnist, Logan Mohtashami, of housingwire.com, there are five signs that will indicate that the housing marketing is on the rebound:

1. Flattened Curve

2. End of Stay-at-Home Orders

3. 10-Year Yield Goes Above 1%

4. Decline in Credit Stress and Jobless Claims

5. Data from the hardest-hit sectors starts to trend upward

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How has the coronavirus affected the local construction industry?

Two Flintco Construction Workers

Superintendents are ensuring job sites could be abandoned indefinitely at the end each day; infrared thermometers are checking some workers’ temperatures before they enter sites; and some tasks are being moved to nighttime.The global pandemic has required local contractors to take numerous precautions. The Memphis Business Journal asked executives at four local construction firms about sourcing materials, staying safe, and other concerns of the past couple weeks. Here’s what they said.

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Governor Lee Provides Update on COVID-19 relief

Photo of Tennessee Governor Bill Lee

Lee is mobilizing the National Guard to help with testing. 250 personnel, including 150 medical personnel, are getting ready to help 35 remote testing facilities in rural parts of the state.

Lee also extended the statewide school closure to April 24, 2020. The Department of Education is now partnering with PBS to offer instructional content on television while students are out of the classroom.

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