Heterodox
New housing construction appears to have bottomed; but expect further declines in construction employment ahead – by New Deal democrat Pointing your attention to NDd’s calling out of the economic signs leading to job declines. ~~~~~~~~ For the past few months, I’ve noted that new home sales, which while very volatile frequently are the first metric to signal a change in trend, appeared to have bottomed by early last autumn. This...
Read More »New housing construction appears to have bottomed; expect further declines in construction employment ahead
