Podcast: The Government is Still Open, What Now?
Editor's Note: The podcast was recorded on Oct. 3, 2023, prior to the vote to vacate the Speaker of the House.
In the latest episode of NAHB’s podcast, Housing Developments, co-hosts CEO Jim Tobin and SVP Paul Lopez welcome NAHB Chairman Alicia Huey to the studio. Huey shares how her business as a builder has been impacted by the issues on which NAHB is advocating, such as funding for the National Flood Insurance Program and Job Corps. Tune in to hear how NAHB ensured critical money was included in the compromise to keep the government open last week and future opportunities for leadership development in the Federation.
Listen to Housing Developments on your favorite podcast app or watch the episode below.
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Latest Economic News
The Producer Price Index for final demand was up 0.3% in October, after rising 1.4% in September. Compared to a year ago, final demand prices were up 6.5%.
Credit conditions on loans for residential Land Acquisition, Development & Construction (AD&C) were still tightening in the third quarter of 2026, according to NAHB’s quarterly survey on AD&C Financing. The net easing index derived from the survey posted a third-quarter reading of -15.3 (the negative number indicating net tightening).
After a brief rebound last month, existing home sales plummeted to a 16-year low in October. With mortgage rates back above 7% since mid-September and home prices still elevated, buyers continued to stay on the sidelines.