President Donald Trump has made a proclamation that home builders and developers may not appreciate – new tariffs on home furnishings. In a Truth Social posting, Trump declared, “We will be imposing a 50% Tariff on all Kitchen Cabinets, Bathroom Vanities, and...
Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
President Trump called for the “termination” of Jerome Powell’s leadership at the Federal Reserve for failing to cut interest rates in a speedy manner. This morning, Trump took to his Truth Social platform to fault Powell for not following the example of the European...
Builder confidence in the market for newly built single-family homes was up slightly this month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The April HMI registered as 40, up one point from March; any number...
A Phil Hall Op-Ed: If you’ve been following the news over the past week, you may have noticed the word “recession” popping up over and over. This is not because we’re in a recession, but it is because some highly prominent financial services executives and economic...