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Economic Buzz: US Builders Confidence Eases Marginally

Economic Buzz: US Builders Confidence Eases Marginally

January 19, 2022 8:56 IST | capital market
The US builders in the single-family housing market are facing growing expenses, which is causing a turnaround in sentiment to start the year. Builder confidence fell one point to 83 in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything above 50 is considered positive, but that is the first drop in four months. The index also stood at 83 in January 2021.

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