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Economist Gives the Numbers on Nebraska Home Building

November 14, 2012 — CDJ Staff

Nebraska home builders employed more than 7,000 in 2011, which according to Elliot Eisenberg, former senior economist for the National Association of Home Builders, would make it the state’s third-largest private employer. Mr. Eisenberg is now in his own practice.

According to Mr. Eisenberg, if the 3,779 permits for single-family homes were all built, they would have been responsible for $381 million in spending and an additional $74 million in taxes. He used a model developed by the National Association of Home Builders to conclude that these homes would generate $118 million of spending and $56 million in taxes annual. Additionally they would be responsible for 2,221 permanent jobs. According to Eisenberg, “home building pays its way.”

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Economist Gives the Numbers on Nebraska Home Building