How U.S. Trade Policy Helped Construction Materials Costs Go Through the Roof
Scott LincicomeTheWall Street Journalreports that skyrocketing construction material costs are inflating home prices, pressuring homebuyers and threatening the booming U.S. housing and construction industries:Lumber, one of the biggest costs in home-building after land and labor, has never been more expensive and is more than twice the typical price for this time of year. Crude oil, a starting point for paint, drain pipe, roof shingles and flooring, has shot up more than 80% since October. Copper, which carries water and electricity throughout houses, costs about a third more than it did in the autumn.Prices for granite, insulation, concrete blocks and common brick have all pushed to records in 2021, according to the Bureau of Labor Statistic ’s producer-price index, which measures the change in prices that producers receive for their output. Drywall and ceramic tiles are short of records but have also climbed.Materials producers like paintmaker Sherwin-Williams Co. and flooring manufacturer Mohawk Industries Inc. as well as builders D.R. Horton Inc. and Hovnanian Enterprises Inc. have been raising prices to pass along higher costs. They can thank historically low borrowing costs, federal stimulus payments and a hunt for yield that has sent investors barreling into the home-rental business.“Whoever the home buyers are, they have been able to pay for it,” said Todd Tomalak, who tracks building products for John Burns Real Estate Consulting.Surely, there many ...
Hello! It's been awhile since I've been on here. I'm actually wrapping up a study abroad semester in Denmark, and I've had the absolute time of my life. It's been life changing and has definitely helped me confirm every reason for why I want to go to medical school. Definitely exactly what I needed after the pandemic! I'll be taking a gap year before med school and will apply my senior year. Anyways, now that I'm slowly coming back to reality and preparing for next semester, I'm feeling a... Read more
Prof Dame Sarah Gilbert says this will not be the last time a virus threatens our lives and our livelihoodsCoronavirus – latest updatesSee all our coronavirus coverageThe coronavirus pandemic that has so far killed more than 5 million people worldwide is far from over and the next one could be even more lethal, the creator of the Oxford/AstraZeneca vaccine has said.As fears grow over the threat posed by the highly mutated Omicron variant, detected in more than 30 countries,Prof Dame Sarah Gilbert cautioned that while it was increasingly obvious that “this pandemic is not done with us”, the next one could ...
An Italian healthcare worker was caught trying to fraudulently receive a Covid-19 vaccine in a silicone arm.
Former presidents and political leaders recalled Mr. Dole’s dignity, sense of humor and lifetime commitment to public service. #bobdole #presidents #obama
A small study in Boston looked at mixing and matching with the third shot.
For the first time in two months, the US is averaging more than 100,000 new Covid-19 cases each day, shortly after millions of Americans traveled for the Thanksgiving holiday.
The Omicron variant of the coronavirus has spread to about one-third of U.S. states, but the Delta version remains the majority of COVID-19 infections as cases rise nationwide, U.S. health... #healthofficials
NEW BRUNSWICK, N.J., DECEMBER 5, 2021 – Johnson &Johnson (NYSE: JNJ) (the Company) today announced preliminary results from an independent study, including a subset of participants from the Janssen-sponsored COV2008 study, conducted by Dan Barouch, M.D., Ph.D., et al. of Beth Israel Deaconess Medical Center (BIDMC), which showed that a booster shot of the Johnson &Johnson COVID-19 vaccine (Ad26.COV2.S), administered at six months after a two-dose primary regimen of BNT162b2, increased both antibody and T-cell responses. These results demonstrate the potential benefits of heterologous boosting (mix-and-match)....
A STROKE is a medical emergency and urgent treatment is essential. There are fortunately several ways to reduce your risk.