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5 result(s) for “Construction”

Business & Economy · Oct 20, 2026

U.S. Housing Market Slumps as Mortgage Rates Top 7 Percent, Builders Pull Back

New government data and trade surveys on October 20, 2026 show single family starts and permits falling sharply, while builder confidence hits a 14 year low. Higher mortgage rates and weak buyer demand are driving a contraction in residential construction that could slow economic growth and tighten supply further down the line.

Business & Economy · Oct 7, 2026

Fed minutes show officials expect at least one more rate increase as inflation concerns persist

Minutes from the Federal Reserve’s Sept. 15-16 meeting, released Oct. 7, 2026, show officials judging that another interest rate increase is likely needed to prevent sector specific price shocks from broadening into persistent inflation. The guidance tightened market expectations for higher borrowing costs later this year and sharpened debate over growth risks for the United States economy.