Podcast: NAHB Legal Expert Discusses Huge Supreme Court Case on Impact Fees

Economics Construction Employment Rises Amid a Cooling Labor Market

The overall labor market continued to lose momentum in July, with nonfarm payrolls falling by 23,000 and previous job gains revised sharply lower.

Codes and Standards Sept. 1 Deadline Looms for Code Changes on Outdoor Outlets, GFCIs

On Sept. 1, 2026, a temporary exception in the National Electrical Code (NEC) is scheduled to expire, which requires ground-fault circuit interrupter (GFCI) protection for outdoor HVAC equipment.

Economics Building Material Prices Show Growth In July

Residential building material prices, excluding energy, rose 0.4% in July and were up 5.0% from a year ago. Energy prices fell again in July but remained significantly higher than a year ago. Meanwhile, prices for services were down 0.3% over the month but were 6.2% higher than a year ago.

Economics Homeownership Rate Edges Down to 65%

The latest homeownership rate declined to 65% in the second quarter of 2026, according to the Census’s Housing Vacancy Survey (HVS). The homeownership rate was unchanged from a year ago, and not statistically different than the rate in the first quarter of the year (65.3%).

Economics Inflation Eased Slightly in July

Led by declines in gasoline and diesel prices, inflation eased for the second consecutive month after reaching a three-year high in May. As energy prices moderated, shelter resumed its role as the largest driver of headline inflation, accounting for one-third of the annual increase and over two-thirds of the monthly increase.