At IBS, experts point to downturn this year, recovery in 2024

Econ & Housing, The Daily Buzz LAS VEGAS — The housing recession that began in 2022 will bleed into 2023 as elevated inflation and mortgage rates, coupled with stubbornly high building material construction costs, continue to take a toll on the housing industry and are expected to push the overall economy into a mild recession this year. However, the second half…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Wall Street follows other markets higher as bank fears ease
BlueLinx Holdings Inc.: An Emerging Player in the Lumber and Building Materials Industry.
Construction Self-Employment Rises Post Pandemic
Ontario’s Black Ash Recovery Strategy put on pause, economic impacts considered
US lumber supply falls due to a drop in Canadian shipments