Economics

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Building Material Prices Inch Up in November

Softwood lumber prices fell by nearly 6% in November and are down almost 20% on a... More

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Labor Market Remains Healthy, Adds 199,000 Jobs in November

Heading in the right direction, the unemployment rate ticked down to 3.7% in... More

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Buckle Up: Remodeling Downturn Expected for 2024

A weaker housing market is driving projections for the first annual decrease in... More

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JCHS: 2024 Shaping Up to Be “Challenging Year” for Remodeling

Remodeling spending is projected to decline on an annual basis starting in the... More

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Mortgage Rates Climb for Fifth Straight Week, Surpassing 7.5%

Sellers remain hesitant to list homes in the high mortgage rate environment, and... More

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U.S. Job Growth Exceeds Expectations in September

The unemployment rate held at 3.8% last month, according to the U.S. Bureau of... More

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Coming Soon: A Moderate Downturn in Remodeling

Remodeling activity is projected to decline on an annual basis beginning in the... More

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Rate of Job Growth Continues to Cool in July

While the jobs market is showing signs of gradual slowing, high wage growth remains. More

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Federal Reserve Raises Interest Rates to 22-Year High

While headline inflation has cooled, core inflation—price increases minus food and... More

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Lumber Price Uncertainty Persists

Supply-side limitations coupled with housing strength have caused lumber prices to... More

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