New Home Construction Surges by Most in 3 Decades in May
Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also
Source: insurancejournal.com
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New US home construction surges by most in 3 decades in May
Still, even with the Fed skipping a rate hike this month for the first time since early 2022, credit conditions remain in the process of tightening, and that could make it challenging for builders heavily reliant on construction and development loans to keep pace with May's rebound in the months ahead. Housing starts rose to a seasonally adjusted annual rate of 1.631 million units last month from April's downwardly revised 1.34 million, the Commerce Department said on Tuesday. "While housing sta
Source: aol.com
New U.S. home construction surges by most in 3 decades in May
Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also climbed, suggesting the housing market may be
Source: unionleader.com
New US Home Construction Surges by Most in 3 Decades in May
Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also
Source: claimsjournal.com
Ohio's drop in unemployment comes despite interest rate hikes
Ohio's labor market has set a notable unemployment record, falling to an all-time low in May.
Source: dispatch.com