Are Housing Permits Showing Recession Risk?

HousingWire, June 20, 2024–Logan Mohtashami
On a recent HousingWire Daily podcast, I explored the question of whether construction labor was finally showing a recession risk. Today’s housing starts data has further solidified this trend, which we’ve been tracking for several months: construction labor is at risk, serving as a potent leading indicator for a potential recession.
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