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Washington Report
Washington Report Home Building Regulatory Cost Burdens Increased 40 Percent From 2021 To 2026 (Editor’s Note: as cited in this article in eyeonhousing.org, record increases of tariff rates on building materials, as well as other factors are significant impacts on the cost of home building now.) The following re-printed from NAHB’s Eye On Housing. A […]
Washington Report
Washington Report U.S. Labor Market Softens At press time, the U.S. labor market weakened in July (the most current data released by Bureau of Labor Statistics), with nonfarm payrolls down 23,000 and downward revisions cutting another 103,000 jobs from May and June. Although the unemployment rate edged lower to 4.1 percent, the decline reflected a […]
Washington Report
Washington Report Tariff Refund Process Ramps Up As Billions Returned To Importers (Reprinted with permission from Furniture Today, part of BridgeTower Media network) Washington, DC — The federal government has begun returning billions of dollars in tariff payments to U.S. importers following the Supreme Court’s decision earlier this year striking down a range of tariffs […]
Washington Report
Washington Report NAHB Urges Congress To Advance Housing Supply Reforms The National Association of Home Builders (NAHB) told Congress recently that increasing housing supply is essential to improve affordability and make housing more attainable. Testifying before the House Small Business Committee on how small builders can help close the nation’s housing gap, NAHB Chairman Bill […]
Washington Report
Washington Report Builder Sentiment Edges Lower On Affordability Concerns Persistent affordability challenges, including high housing price-to-income ratios and elevated land and construction costs, helped push builder confidence lower for the second straight month to start the year. Builder confidence in the market for newly built single-family homes fell one point to 36 in February, according […]
Washington Report
Washington Report U.S. Federal Support Bolsters Hardwood Exports For Global Market Expansion The Tennessee hardwood sector has received a major export-focused boost as the U.S. Department of Agriculture (USDA) allocates more than $880,000 in federal support to help the state’s hardwood industry expand into key international markets. The funding will be delivered through the USDA’s […]
Washington Report
New Tariffs On Lumber, Wood Product Imports Add Headwinds To Housing Market The National Association of Home Builders (NAHB) recently reported that in a move that will raise housing costs, the U.S. Commerce Department has imposed a 10 percent tariff on all timber and lumber imports and an additional 25 percent tariff on kitchen cabinets […]
Washington Scene
Canadian Lumber Duties Hit 35% — And May Go Higher Soon At presstime, the U.S. Commerce Department announced that it is more than doubling its countervailing duties on Canadian lumber imports from 6.74 percent to 14.63 percent. This move comes just two weeks after the Commerce Department announced it is nearly tripling its anti-dumping duties […]
Washington Scene
Washington Scene Canadian Lumber Duties Hit 35% ― And May Go Higher Soon The U.S. Commerce Department announced recently that it is more than doubling its countervailing duties on Canadian lumber imports from 6.74 percent to 14.63 percent. This move comes just two weeks after the Commerce Department announced it is nearly tripling its anti-dumping […]
Washington Report
EPA Commits To Reducing Regulatory Burdens For Home Builders National Association of Home Builders (NAHB) Senior Officers recently sat down with Environmental Protection Agency (EPA) Administrator Lee Zeldin to discuss EPA’s deregulatory priorities benefiting the home-building industry. Zeldin told NAHB Chairman Buddy Hughes, First Vice Chairman Bill Owens and CEO Jim Tobin that he is […]
