Federal Reserve Board Member Adriana Kugler Gives Speech
At the Housing Partnership Network Symposium, Federal Reserve Board Governor Kugler outlined housing supply and demand factors that impact construction alongside the effect of the current economic market. Her speech gives insight into important statistics like how material and labor costs for home construction have increased about 25 percent in real terms since the mid-2000s. Relevant connections between how the housing market intersects with all other aspects of the economy such as the supply and labor markets shed light onto the state of the country’s growth based on economic data.
