Building Permits in July dropped 17.7% to an annual rate of 937,000 according to the Commerce Department yesterday. It also reported that housing starts for the month were at an annual rate of 965,000, which is 11.0% below the revised June estimate of 1,084,000.
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Markets are "tilting to a risk-off posture as participants brace for the chance of Trump tariff-sparked turbulence in the coming hours and days," said José Torres, senior economist at Interactive Brokers.
10h ago -
The policy shift may crowd out some projects, warned Baruch Feigenbaum, senior managing director of transportation policy at Reason Foundation.
11h ago -
Housing advocates are celebrating the passage of the One Big Beautiful Bill for the boost in Low Income Housing Tax Credits which is projected to boost the use of private activity bonds.
July 7 -
JP Zaptin has joined Baird where he will establish a municipal trading desk
July 7 -
Moody's expects enplanements at the facility will remain below the low end of its former projections.
July 7 -
New Hampshire Supreme Court found that the state doesn't spend enough on education, but upheld the education property tax system.
July 7