Residential building material price growth accelerated in February after slowing a month prior, according to the latest Producer Price Index release from the Bureau of Labor Statistics (BLS). The Producer Price Index for final demand increased 0.7% in February, a …
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Looking Back, Moving Forward: Dig Into the NHPA 2026 Market Measure Report
Market Measure Evolution As you dive into this year’s Market Measure report, things might look a bit different than they have in the past, particularly when you browse the size of market numbers and the market breakdown. The numbers themselves …
Read More »Unemployment Rate Inches Higher After Shutdown
The unemployment rate rose to its four-year high of 4.6%, up from 4.4% year over year, according to the U.S. Bureau of Labor Statistics. Positively, employers added 64,000 jobs in November. Household survey data for October 2025 were not collected …
Read More »Holiday Sales Predictions on Track
Retail sales saw strong year-over-year growth in November, with the first half of the month posting results on track to meet the National Retail Federation’s spending forecast, according to the CNBC/NRF Retail Monitor. “Retail sales showed healthy year-over-year gains in November …
Read More »Federal Reserve Cuts Interest Rates for the Third Time in 2025
The Federal Reserve cut interest rates by a vote of 9-3, a smaller margin than typically seen. The Federal Open Market Committee (FOMC), the panel of Federal Reserve officials responsible for setting monetary policies, dropped the interest rate range to …
Read More »West Fraser to Close Multiple Mills Amid Soft Market and Supply Issues
West Fraser Timber Co. Ltd. recently announced it will permanently close its Augusta, Georgia, and 100 Mile House, British Columbia, lumber mills by the end of 2025 following an orderly wind-down. The decision is in response to timber supply challenges …
Read More »Penny Shortage Pushes Stores to Adjust Prices and Change Systems
In February 2025, President Donald Trump announced that the U.S. Mint would stop minting pennies, citing their high production cost. According to the U.S. Mint, it cost 3.7 cents to make one penny in 2024. Now, retailers across the country …
Read More »Federal Reserve Announces Another Rate Cut
In support of its goals and in light of the shift in the balance of risks, the Federal Reserve decided to lower the target range for the federal funds rate by ¼ percentage point to 3 ¾ to 4%, the …
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