Inventories were a big drag on the G.D.P. number. Construction of homes and nonresidential structures declined. And federal spending fell.
Tag: Building (Construction)
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Here Are the Highlights From Today’s G.D.P. Report
Inventories were a big drag on the G.D.P. number. Construction of homes and nonresidential structures declined. And federal spending fell.
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Relief Eludes Many Renters as Fed Raises Interest Rates
As the central bank sharply increases borrowing costs, it could lock would-be home buyers into rentals and keep a hot market under pressure.
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How a Long-Sought Bill Could Make Construction Work Less Deadly
Carlos Moncayo, 22, died seven years ago at a Manhattan construction site. A bill on Gov. Kathy Hochul’s desk aims to make conditions safer for workers like him.