Employment Situation in September: State-Level Analysis

By Housing
Nonfarm payroll employment increased in 33 states and the District of Columbia in September compared to the previous month while 16 states lost jobs. Wisconsin recorded no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased at a slower rate by 194,000 in September, following an upwardly revised increase of 366,000 jobs in August. On… Read More ›

Financial Stability Oversight Council Releases Report on Climate-Related Financial Risk

By Industry News
The report includes more than 30 specific recommendations to U.S. financial regulators, and lays out necessary actions to identify and address climate-related risks to the U.S. financial system, which include warming temperatures, rising sea levels, droughts, wildfires, intensifying storms and other climate-related events that are already imposing significant costs on the public and U.S. economy.

Lots Harder to Obtain than Ever

By Housing
Home building, like other U.S. industries, has been dealing with the supply side challenges of labor and material shortages.  Unlike other industries, however, home builders confront an additional challenge in obtaining lots on which to build.   In a recent NAHB survey, 76 percent of builders reported that the overall supply of developed lots in their areas was low to very… Read More ›