Podcast: Lumber Meeting with Commerce Secretary and What’s Ahead in Congress
On the latest episode of NAHB’s Housing Developments podcast, Chief Lobbyist Jim Tobin and guest host Senior Vice President of Communications & Public Affairs Paul Lopez discuss a recent — and long-awaited — meeting between the NAHB Senior Officers and Commerce Secretary Gina Raimondo on the importance of finding a solution to the lumber crisis. Tune in to hear the outcome and action items from that meeting, and Tobin's predictions for the legislative priorities and bipartisan efforts of Congress for the rest of the year.
To learn more about the lumber issue, visit nahb.org/lumber. You can also subscribe to the podcast and listen to previous episodes on nahb.org/podcast.
Latest from NAHBNow
Material Costs | Economics
Jul 26, 2024
How Soaring Prices for Building Materials Impact HousingPrices of most building materials are still far above their pre-pandemic levels, and the impact of those elevated prices can be seen in unexpected places.
Advocacy | Election 2024
Jul 25, 2024
NAHB Podcast: Changing Dynamics in the 2024 ElectionOn the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez are joined by Chief Lobbyist Lake Coulson to discuss the latest political news.
Workforce Development
Jul 25, 2024
Lowe’s Foundation Makes Another Big Investment in Skilled Trades TrainingThe Lowe’s Foundation recently announced nearly $8 million in Gable Grants to a second cohort of community and technical colleges.
Latest Economic News
Economics
Jul 26, 2024
Personal Saving Rate Drops to Lowest Rate Since November 2022Personal income inched up 0.2% in June, down from a 0.4% increase in the prior month, according to the most recent data release from the Bureau of Economic Analysis (BEA).
Economics
Jul 26, 2024
Market Share of 5,000+ Square Foot Homes Declines in 2023The number of homes started in 2023 exceeding 5,000 square feet, dropped to 26,000, a decrease from 29,000 in 2022, according to the annual data from the Census Bureau’s Survey of Construction (SOC).
Economics
Jul 25, 2024
All-Cash Sales Remained at a Three-Year Low for the Second QuarterAll-cash purchases accounted for 6.9% of new home sales in the second quarter of 2024, the lowest level since the fourth quarter of 2021, revealed by NAHB analysis of the most recent Census Quarterly Sales by Price and Financing report.
Economics
Jul 25, 2024
Housing Share of GDP Remains Above 16% Despite Marginal Declines in Residential InvestmentHousing’s share of the economy stayed level at 16.1% in the second quarter of 2024. The share remained above 16% after staying constant at 15.9% for all of 2023.