Congress Averts Government Shutdown
The Senate and House yesterday approved a stopgap spending bill that will avert an impending government shutdown by funding every federal government agency at current levels through Feb. 18, 2022. President Biden is expected to sign the measure into law later this evening. Absent congressional action, the government would have faced a shutdown at midnight tonight.
Of note to the housing community, the legislation will keep the National Flood Insurance Program (NFIP) funded through Feb. 18, 2022. NAHB continues to work with Congress to achieve a long-term reauthorization of the NFIP that will keep the program fiscally sound and let builders provide safe and affordable housing.
Latest from NAHBNow
Sep 30, 2025
NAHB Is Expanding Leadership Development Opportunities Across the CountryTo help prepare the leaders of state and local associations who support those industry pros, NAHB continues to collaborate with HBAs in hosting Area Leadership Conferences.
Sep 30, 2025
Fall Membership Recruitment Competition is Under WayThe 2025 Fall Recruitment competition runs from Sept. 1 to Nov. 30.
Latest Economic News
Sep 30, 2025
Construction Labor Market SoftensThe count of open, unfilled positions in the construction industry decreased in August, per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The decline occurred as home building weakened in 2025.
Sep 29, 2025
Characteristics of Homes Built in Age-Restricted CommunitiesIn 2024, approximately 43,000 homes were built in age-restricted communities, representing just over 3% of all housing starts. According to the Census Bureau’s Survey of Construction, roughly three-quarters of these homes (32,000) were single-family units.
Sep 26, 2025
2025 Second Quarter State-Level GDP DataReal gross domestic product (GDP) increased in 48 states in the second quarter of 2025 compared to the first quarter, according to the U.S. Bureau of Economic Analysis (BEA).