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dutch777

(4,680 posts)

5. Another great Trump deal! All my contacts in the construction industry are screaming about high interest rates...

Reply to LetMyPeopleVote (Original post)

Mon May 19, 2025, 08:06 PM

May 19

...threatening or killing projects they were hoping for or counting on. Increase in component costs and threat to elements of the workforce by Trump tariffs and ICE raids raising costs and labor availability issues. My wife works for a publicly traded company that does specialty software for contractors and they are cautioning investors at their quarterly meetings that guidance moving forward is highly uncertain due to all the economic turmoil caused by Trump policies and other off the cuff moves.

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Highlight:

Mortgage rates cross back over 7% after U.S. credit downgrade [View all] LetMyPeopleVote May 19 OP

Probably not a whole lot of summer construction jobs in the housing market ... Tarzanrock May 19 #1

Attacking Beyonc will fix this Johonny May 19 #2

Is it ok to laugh? BootinUp May 19 #3

The Moody's downgrade is not really to blame unblock May 19 #4

Another great Trump deal! All my contacts in the construction industry are screaming about high interest rates... dutch777 May 19 #5

Years ago I said people should remember that bad things happen when rates moniss May 19 #6