Affordability challenges and rising economic uncertainty continue to impact housing conditions, while slowed household growth and cost burdens for both renters and homeowners also contribute, according to the annual State of the Nation’s Housing report from the Harvard Joint Center …
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Fed Maintains Rates and Updates Economic Projections at June FOMC Meeting
With a new Fed Chair and plans for evolving operating strategies, the Federal Reserve maintained its target policy rate at the conclusion of the June Federal Open Market Committee (FOMC) meeting. The FOMC maintained the short-term federal funds rate at …
Read More »Ogden & Adams Building Solutions Expands in Eastern Iowa
Ogden & Adams Building Solutions recently announced it is acquiring the assets of Maquoketa Lumber Company, based in Maquoketa, and Bellevue Lumber, based in Bellevue, Iowa. Following the acquisitions, Ogden & Adams will have five locations serving Eastern Iowa. “We …
Read More »Home Improvement Spending Sustains at Record Levels, HIRI Report Finds
The Home Improvement Research Institute (HIRI) recently released the U.S. Size of the Home Improvement Products Market report for Q2 2026, detailing the total market size of the home improvement products market in the U.S. and forecasted likely spending over …
Read More »Retail Sales for Building Supply Dealers Up in May
Advanced estimates of U.S. retail and food services sales for May 2026 were $763.7 billion, up 0.9% (±0.4%) from April and up 6.9% (±0.5%) year over year, according to the U.S. Census Bureau. Total sales for the March 2026 through …
Read More »Hixwood Adds New Central Sales Representative
Hixwood, a roll-formed steel panel building supply company based in Wisconsin, recently announced the addition of Peter Schluckebier as its new coil sales representative for the Central region. Schluckebier serves customers across Wisconsin, Michigan, Indiana, Illinois, Iowa, Minnesota, North Dakota …
Read More »New California Coalition Backs Mass Timber, Forest Health
The State of California recently announced the formation of the state’s first California Mass Timber Coalition, a new public-private partnership designed to accelerate the adoption of mass timber construction, drive forest health and wildfire mitigation efforts and accelerate economic development …
Read More »Housing Starts Drop in May
Housing starts decreased 15.4% in May, primarily driven by a drop in multifamily construction, while single-family building also fell amid high interest rates, rising construction costs and labor shortages, according to the National Association of Home Builders. The May reading …
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