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Washington Report

Construction Labor Market Continues To Ease After a period of slowing associated with declines for some elements of the residential construction industry, the count of open construction sector jobs trended lower in the October data (most current information available at press time), per the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). […]

Washington Scene

Market-Driven Solutions Will Bolster Nation’s Resilience, Keep Homes Affordable The National Association of Home Builders (NAHB) told Congress (in late September) that the Federal Emergency Management Agency’s (FEMA) oversized emphasis on adopting the latest building codes to enhance safety against disasters is unwarranted and would needlessly raise housing costs. Testifying before the House Transportation and […]

Washington Report

To better help manage and reduce risks, (NAHB First Vice Chairman Buddy) Hughes called on Congress to focus on the existing housing stock, as a full 130 million homes of the nation’s housing stock of 137 million were built before 2010. The National Association of Home Builders (NAHB) told Congress (in late September) that the […]

Washington Report

Unemployment For Construction Workers Declines; Otherwise Mixed Employment Report (Editor’s note: For more information on the following, visit www.eyeonhousing.org.) Despite high interest rates, job growth accelerated in May (the most recent data available at press time), but the unemployment rate increased to 4.0 percent. Overall, the labor market remains strong, but there are signs of […]

Washington Report

Housing Market May Be Headed For A ShiftBy Omar Mohammed (The following article was first published in www.newsweek.com. All data cited is the most current at press time for this publication.) A strong U.S. economy will be a boon for the housing market, Mortgage Bankers Association’s (MBA) chief economist said (recently), as it will buoy […]

Washington Report

International Trade Commission Rules In Favor Of Antidumping And CountervailingDuty On Canadian Softwood Lumber (This article was originally published on www.Lesprom.com.) Please note: The recent U.S. International Trade Commission action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. The Commission’s public report Certain Softwood Lumber Products from Canada will […]

Washington Report

International Trade Commission Rules In Favor Of Antidumping And CountervailingDuty On Canadian Softwood Lumber (This article was originally published on www.Lesprom.com.) Please note: The recent U.S. International Trade Commission action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. The Commission’s public report Certain Softwood Lumber Products from Canada will […]

Washington Report

International Trade Commission Rules In Favor Of Antidumping And Countervailing Duty On Canadian Softwood Lumber (This article was originally published on www.Lesprom.com.) Please note: The recent U.S. International Trade Commission action comes under the five-year (sunset) review process required by the Uruguay Round Agreements Act. The Commission’s public report Certain Softwood Lumber Products from Canada […]

Washington Scene

The Biden administration has allocated more than $653 million to fund 41 port improvement projects across the United States through the Port Infrastructure Development Program (PIDP). These projects aim to enhance capacity and efficiency at coastal seaports, Great Lakes ports, and inland river ports. The port improvement projects are expected to strengthen supply chain reliability, […]

Washington Report

B.C., Ottawa Officials Applaud Decision On U.S. Softwood Lumber Duties According to published reports by the Canadian Broadcasting Corp., officials in Ottawa and British Columbia have welcomed a ruling under the North American Free Trade Agreement (NAFTA), saying it found elements of the United States’ calculation of Softwood lumber duties are inconsistent with that country’s […]