Podcast: Live from the 2025 International Builders’ Show
On the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez broadcast live on-site at the 2025 International Builders’ Show (IBS) in Las Vegas with Guy Minnix of LG Pro Builder.
This is the first time the company has showcased the LG Pro Builder brand and builder programming at IBS. Minnix delved into LG’s experience at IBS, the products the company is showcasing, including new product launches, and what inspires LG’s innovation.
“The show’s been amazing,” Minnix stated. “We’ve had great conversations with builders and remodelers coming through our IBS booth.”
He also shared insights on how the proposed tariffs from the Trump administration can impact a company such as LG.
Tobin and Lopez continue the advocacy conversation with a discussion on the budget process, workforce development, immigration reform and other key issues.
“There’s a lot going on at every phase with our advocacy team right now,” Tobin stated.
Listen to the full episode of the podcast below and subscribe to Housing Developments through your favorite podcast provider or watch all the episodes on YouTube.
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The U.S. labor market rebounded in October, with nonfarm payroll employment increasing by 165,000 jobs and the unemployment rate declining to 4.1%. However, the improvement in overall employment contrasts with continued weakness in residential construction, where employment fell by 16,400 jobs, the largest monthly decline since March 2021.
New multifamily housing confidence weakened year-over-year in the third quarter, according to the Multifamily Market Survey (MMS) by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily Production Index (MPI) had a reading of 41, down five points year-over-year, while the Multifamily Occupancy Index (MOI) had a reading of 69, also down five points year-over-year.
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