Labor Wins Fight for $15. Now What? Maybe $20.

Labor Wins Fight for $15. Now What? Maybe $20.

By George Goss Cash-strapped New York laborers like Carlos Vega formed the rank and file of Fight for $15, the nationwide campaign to raise the minimum wage. But despite winning a once-inconceivable victory—convincing New York to raise its minimum wage to $15 by...
5 Things to Watch in the March Housing Starts Report

5 Things to Watch in the March Housing Starts Report

By George Goss @GeorgeGoss4 Tomorrow the U.S. Census Bureau and the U.S. Department of Housing and Urban Development post the numbers for new residential construction in March. The median forecast of Bloomberg-surveyed economists is 1.17 million. The top-ranked...

All Eyes on Fed as Home Construction Rebounds in February

By George Goss @GeorgeGoss4 New home construction jumped 5.2 percent, wiping out the previous two months’ decline, an encouraging sign for an economic recovery threatened by turmoil in global markets. Housing Starts (in thousands) In another good sign for housing, the...
Housing Starts Drop 3.8 Percent in January

Housing Starts Drop 3.8 Percent in January

By George Goss Economic uncertainty is taking a toll on the housing market, and economists and industry insiders blame a range of factors. New home starts declined in January by 3.8 percent to a seasonally adjusted annual rate of 1.09 million from 1.14 million in...