New home sales, Chicago Fed survey, Lumber prices, US survey

Trump looks to be losing by a substantial margin at the moment, which means
to me that there won’t be a fiscal adjustment before January’s new Congress,
and without a sufficient majority in the Senate all initiatives may be blocked indefinitely.


Most likely new home sales at best return to their pre covid growth path:


Trump was upset with Canada because they weren’t charging us enough for lumber:

Lumber prices across North America have nearly tripled since 2019. Based on a weekly price report by the B.C. Ministry of Forests, Lands and Natural Resources, the price of SPF (spruce, pine, fir) 2×4 lumber – as of Sept. 18 – is at $1,288 per thousand board feet, up from a 2019 average annual of $499.