Is the Housing Market the Missing Link to a Better Job Market?
Other“A housing revival is key to any optimism about the broader economy and jobs,” Mark Zandi, chief economist at Moody’s Analytics, writes for The Washington Post. Zandi notes that in every recovery since World War II a strengthening housing market has powered economic growth. “Now that housing is finally getting its bearings, it will turn from an economic headwind into a tailwind and become a significant source of jobs,” Zandi notes. “There will be more construction jobs, construction-related manufacturing jobs, transportation and distribution jobs, retailing jobs, financial services jobs and […]