Help Save a Critical Jobs Training Program
The severe labor shortage in the construction industry is raising construction costs and harming housing affordability. NAHB’s workforce training affiliate, the Home Builders Institute, is building the next generation of skilled tradespeople and is the largest Job Corps national trades training contractor.
A House appropriations subcommittee has eliminated funding for the Job Corps program, the nation’s largest residential career training and education program. In response, NAHB is urging all residential construction industry members and supporters to contact their members of Congress and tell them to fully fund the Job Corp program. Visit builderlink.org/take-action to send a letter.
The redesigned BuilderLink portal allows members and supporters to send a letter to their congressional representative easily. The portal will be pre-populated with your information if you are signed in to nahb.org. To change the information on file to your current home address before sending a letter, visit the “My Information” page in the BuilderLink portal.
As part of the BuilderLink portal redesign, users can now access information on NAHB’s top advocacy issues. In addition, users can connect with BUILD-PAC, NAHB’s bipartisan political arm, which helps elect pro-housing, pro-business candidates to federal office.
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May 05, 2026
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Latest Economic News
May 04, 2026
Mortgage Rates Climb as Inflation Rebounds and Yields RiseMortgage rates continued to increase in April as ceasefire negotiations remain inconclusive. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.34% in April, 16 basis points (bps) higher than March. The average 15-year rate also increased by 13 bps to 5.69%. Despite the recent increase, both rates remain lower than a year ago by 39 bps and 21 bps, respectively.
May 01, 2026
Student Housing Construction Investment Holds Steady in the First Quarter of 2026Private fixed investment in student dormitories edged up 0.1% in the first quarter of 2026, holding at a seasonally adjusted annual rate (SAAR) of $3.9 billion. This modest gain marked a third consecutive quarterly increase, despite continued pressures from elevated interest rates. However, on a year-over-year basis, investments in dorms remained almost unchanged.
Apr 30, 2026
Housing’s Share of GDP Dips Below 16% for First Time Since 2019Housing’s share of the economy was 15.9% in the first quarter of 2026, according to the latest estimates of GDP produced by the Bureau of Economic Analysis. This share is down from 16.0% in the fourth quarter and is lower than 16.5% registered just one year ago.