Construction Industry OutlookThe Dodge Momentum Index (DMI) took a steep downturn in March, indicating potential future declines in construction spending and investment.
Housing Market AffordabilityWith housing affordability near historic lows and only a fraction of homes being affordable for median income families, the housing market may face a slowdown.
Raw Materials CostThe expected increase in lumber tariffs could escalate construction costs further, putting pressure on the housing sector and related industries.