MBA Advocacy Update Nov. 8, 2021
House leaders continued to lay the groundwork – both substantively and procedurally – to hold a floor vote on the latest iteration of President Biden’s Build Back Better Act tax and reconciliation package. MBA remains engaged and will provide any necessary updates.
October Employment Bounces Back as Delta Variant Fades
Payroll employment roared back in October after tepid growth the previous two months as the U.S. began to move on from the fading coronavirus Delta variant, the Bureau of Labor Statistics reported Friday.
CMBS Delinquency Rate Tumbles
Trepp LLC, New York, reported the commercial mortgage-backed securities delinquency rate declined sharply again in October.
MBA Chart of the Week Nov. 5 2021: Single-Family Starts, Residential Construction Workers
This week’s MBA Chart of the Week examines the growth rates of single-family construction and residential construction workers since the trough in home building activity in April 2020.
