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Canadian Lumber Tariffs Don’t Make America Great, They Make It More Expensive

Canadian Lumber Tariffs Don’t Make America Great, They Make It More Expensive

by Alix Langone | Jun 1, 2017 | Canada, Economy, Housing, International Trade, Jobs, Lumber, Newest

President Trump has proposed a tariff on Canadian softwood lumber, but American lumber is becoming more expensive as a result. The new timber tariff proposed by the president – an almost 20% tax on softwood lumber imported from Canada – may sound beneficial for...
5 Things to Watch in the March Housing Starts Report

5 Things to Watch in the March Housing Starts Report

by Alix Langone | Apr 18, 2017 | Economy, Housing, Millennials, Newest

Housing starts have been strong this year and the monthly housing starts report released by The Census Bureau Tuesday at 8:30am should be no exception.  The Bloomberg consensus for March housing starts came in at seasonally adjusted annual rate of 1.25mln, down 3%...
Rental Market Drops Across All Major Cities in U.S.

Rental Market Drops Across All Major Cities in U.S.

by Alix Langone | Apr 12, 2017 | Economy, Housing, Luxury Rental Market, Millennials, Newest

VanderBorgh Realty has been in business for 11 years in New York City, but founder and President Nicholas VanderBorgh has never had multiple two bedroom listings languish on the market for months at a time – until now. “Even the low end of the high end is sitting on...
Residential Construction and Builder Confidence Strong for Spring

Residential Construction and Builder Confidence Strong for Spring

by Alix Langone | Mar 20, 2017 | Economy, Housing, Newest

Residential construction climbed in February as builders continue to be encouraged by the Trump administration’s promises of deregulation. But the administration’s anti-immigration actions have negative implications for the industry’s labor supply. “The lack of...
Strong Housing Starts in January, Builder Confidence High

Strong Housing Starts in January, Builder Confidence High

by Alix Langone | Feb 19, 2017 | Economy, Housing, Newest

Signaling optimism for the economy, housing starts were unexpectedly strong in January. Building permits led the way, suggesting future growth. Permits rose across the majority of the country, falling only in the West, a vital sign that builder confidence is up....

Welcome to Issue Number One

Welcome to Issue Number One, a site covering economic trends. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.
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