NAHB Wants Housing Stimulus

David Seiders, chief economist, National Association of Home Builders, Washington, D.C., told the Senate Finance Committee last week that a second round of fiscal stimulus directed at the housing sector would boost the homebuilding industry and shore up the U.S. economy. He said the U.S. housing market is now in the most pronounced downswing since the Great Depression and, “The bottom is not yet in sight.”

“New home sales and single-family housing starts already are down by more than

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish