Tag: Concerns

Builder Confidence Plummets as Concerns Over Tariff and Housing Costs Rise

According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder sentiment fell sharply in February over concerns on tariffs, elevated mortgage rates, and high housing costs. Builder confidence in the market for newly built single-family homes was 42 in February, down five points from January and the lowest level […]

ACD Raises Concerns of Additional Shipping Surcharges Amid Looming Coast-Wide Strike

The Alliance for Chemical Distribution (ACD) recently sent a letter to the Federal Maritime Commission (FMC) to raise concerns about additional surcharges and detention and demurrage charges that terminal and ocean carriers intend to levy on shippers if the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) fail to ratify a labor […]