U.S. Economy
U.S. Homebuilders No Longer Sure What To Do Even As Lumber Prices Crashed
NAHB Homebuilder Confidence crashed from 80 to 75 in August. That is a 13-month low (July 2020).
U.S. Economy
As the U.S. starts to reopen, people aren’t rushing back to work
With many low-paying jobs in the U.S. going unfilled, even after employers have offered enticing sign-on bonuses, it seems that the COVID-19 crisis has forced a much-needed adjustment in a labor market where workers had long suffered from a decline in bargaining power.