Economics

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Strong Quarter Improves Remodeling Outlook for 2024

The Residential Remodeling Index no longer projects an annual decline in... More

Building Material Prices Inch Up in November
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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

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

Mortgage Rates Climb for Fifth Straight Week, Surpassing 7.5%
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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

U.S. Job Growth Exceeds Expectations in September
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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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Lumber Price Uncertainty Persists

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

Rate of Job Growth Continues to Cool in July
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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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