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Marketplace®

Daily business news and economic stories
Nov 26, 2024

The housing sector droops under a labor shortage and price hikes

New home sales were down nearly 10% year over year in October. Plus, real-time shopping data and what Trump’s tariff plans could do to trade agreements.

The housing sector droops under a labor shortage and price hikes
Frederic J. Brown/AFP via Getty Images

Segments From This Episode

  • Inflated costs and low labor pools are making home building challenging.
    Jim Watson/AFP via Getty Images

    A shortage of skilled labor, high labor costs, and uncertainty about the effect of tariffs on lumber prices weigh on some homebuilders.

  • Trump wants to impose tariffs on Mexico and Canada. What does that mean for free trade agreements?

    by Sofia Terenzio and Amy Scott

    “Marketplace” host Amy Scott talks with Ana Swanson of The New York Times about what Trump’s proposed policy might mean for U.S. trade agreements and inflation.

  • Satellite images of store parking lots are used to measure "footfall," where people are physically shopping.
    Emil T. Lippe/The Washington Post via Getty Images

    Data like credit card swipes and parking lot satellite photos show trends long before many measures of consumer sentiment.

  • Laptops with artificial intelligence features could entice owners to replace their devices.
    Joe Raedle/Getty Images

    Otherwise, the electronics retailer had a meh quarter. We’re four years out from the pandemic sales spike, equating to common upgrade cycles.

  • Business has "definitely picked up in November, but it still was pretty spotty through August and September," says Sue Monaghan, CEO of Baltimore International Warehousing and Transportation.
    Kevin Dietsch/Getty Images

    Sue Monaghan’s business is recovering while she navigates obstacles like another possible port strike and proposed tariffs.

  • 20 years of Yelp: do we still trust online reviews?

    by Meghan McCarty Carino and Elissa Castles
    About 10% of online reviews are fake, according to research by USC's Dina Mayzlin.
    Scott Olson/Getty Images

    Online ratings have become ubiquitous. But they’ve never been noisier to interpret.

Music from the episode

The Team