U.S. Housing Starts Surge Higher Than Expected - Jun 23, 2023
Expert opinion is mixed on the real implications of the latest new construction numbers. There is still a lack of housing in many markets, and young families want to move into more long-term, single-family units if they can afford it. A major factor remains the impact of higher interest rates. Even though the Fed skipped raising interest rates this month, many believe rate increases will continue in the near future.; The McCown Report: Container Volume Analysis: May was the fourth worst year-over-year decline in memory. The prior pandemic volume spikes are driving the decreases.
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