Powell Says Tariffs and Immigration May Be Slowing Homebuilding

August 26, 2019
Prashant Gopal & Reade Pickert - Bloomberg

The U.S. housing shortage has the attention of Federal Reserve Chairman Jerome Powell.

Homebuilders are being held back by a “series of factors,” including higher materials costs, a skilled-labor shortage and President Donald Trump’s immigration and tariffs policies, Powell said during a Senate Banking Committee hearing Thursday.



714.701.9180

Arrange No Cost Consultation










Subscribe to Construction Defect Journal

Construction Defect Journal Archives - Recent CD News for Construction Claims Professionals

 

Construction Defect Journal is aggregated from a variety of news sources, article submissions, contributors, and information from industry professionals.

No content on this site should be construed as legal advice or expert opinion. By viewing this site you agree to be bound by its terms and conditions

 

Copyright 2019 - Construction Defect Journal – All Rights Reserved