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Commerce Secretary Working to Ensure Adequate Lumber Supply for Builders

Filed in Capitol Hill, Construction Industry, Economics by on March 15, 2018 4 Comments
Commerce Secretary Working to Ensure Adequate Lumber Supply for Builders

NAHB CEO Jerry Howard recently met with Commerce Secretary Wilbur Ross and urged him to work with his Canadian counterparts to craft an equitable long-term solution to the trade dispute.

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First-Time Home Buyers Deflated, but not Deterred

Filed in Design, Economics, Housing Trends by on March 8, 2018 1 Comment
First-Time Home Buyers Deflated, but not Deterred

Competition is stiff in housing markets across the country. Limited inventory of existing and entry-level homes, combined with inevitable interest rate hikes are causing prices to rise and expectations to decline — particularly among first-time buyers.

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NAHB Urges Prompt Senate Action on Banking Bill

Filed in Capitol Hill by on March 5, 2018 1 Comment
NAHB Urges Prompt Senate Action on Banking Bill

NAHB is urging the Senate to move quickly to pass the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155), banking reform legislation now pending in the upper chamber.

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U.S. to Impose Stiff Tariffs on Steel and Aluminum

Filed in Capitol Hill by on March 1, 2018 2 Comments
U.S. to Impose Stiff Tariffs on Steel and Aluminum

President Trump today said he would impose tariffs of 25% on steel imports and 10% on aluminum imports. Speaking to steel and aluminum executives at the White House, Trump said the tariffs will go into effect next week and last for “a long period of time.” These tariffs will translate into higher costs for consumers and U.S. businesses that use these products, including home builders.

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Home Builders Seek Better Cooperation with OSHA to Improve Worker Safety

Filed in Capitol Hill, Labor, Safety and Health by on February 27, 2018 3 Comments
Home Builders Seek Better Cooperation with OSHA to Improve Worker Safety

NAHB today called on the Occupational Safety and Health Administration to expand its small business compliance assistance to help home builders and other small business owners to improve the safety of their operations.

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NLRB Restores Obama-Era Joint Employer Standard

Filed in Codes and Regulations by on February 26, 2018 0 Comments
NLRB Restores Obama-Era Joint Employer Standard

The National Labor Relations Board today effectively reinstated the Obama-era joint employer standard. The stunning reversal came after it was determined that board member William Emanuel had a conflict of interest when he voted with the 3-2 majority last December to overturn the 2015 ruling in the case of Browning-Ferris Industries that radically expanded the traditional definition for joint employer status.

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Single-Family Permits Post Solid Gains in 2017

Filed in Economics by on February 23, 2018 1 Comment
Single-Family Permits Post Solid Gains in 2017

Preliminary data show that the total number of single-family permits issued in the U.S. during 2017 reached 817,319, a 9.6% increase over the 2016 total of 745,525.

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Lumber Exports and Imports are on the Rise

Filed in Construction Industry by on February 21, 2018 3 Comments
Lumber Exports and Imports are on the Rise

As punitive duties averaging more than 20% were imposed on Canadian softwood lumber imports in 2017, domestic producers responded by shipping record amounts of timber overseas, raising prices for builders and exacerbating housing affordability issues.

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Budget Accord May Affect Rebuilding Efforts

Filed in Capitol Hill, Codes and Regulations by on February 15, 2018 0 Comments
Budget Accord May Affect Rebuilding Efforts

The two-year budget accord signed by President Trump earlier this month contains provisions from a House of Representatives disaster relief bill (H.R. 4460, the Disaster Recovery Reform Act) designed for states hit hard by hurricanes and wildfires in 2017. However, the details on how these provisions will work are still in flux.

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Trump’s Fiscal 2019 Budget Seeks 14% Cut to HUD

Filed in Capitol Hill, Labor, Safety and Health by on February 12, 2018 2 Comments
Trump’s Fiscal 2019 Budget Seeks 14% Cut to HUD

President Trump’s proposed fiscal 2019 budget, which runs from Oct. 1, 2018 through Sept. 30 2019, would cut the HUD budget 18.3%, or $8.8 billion, to $39.2 billion.

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