USA Today reported that the homebuilders' index of confidence fell to its lowest level since the 1991 recession. Given the downturn in construction that isn't surprising. It is surprising that the only source cited in the article is David Seiders, the chief economist for the National Association of Homebuilders. It would be useful to find a source who is not an interested party and who was not surprised by this downturn in the housing market.
There's too much at stake this November for us to quit. As we navigate another presidential election year, thoughtful independent journalism is more important than ever. We're committed to bringing you the latest news on what's really happening across the country this election season, shining a light on the stories corporate media overlooks and keeping the public informed about how power really works in America.
Quality reporting doesn't come for free, and we don't have corporate backers to rely on to fund our work. Everything we do is thanks to our incredible community of readers, who chip in a few dollars at a time to make what we do possible. This month, we're trying to raise $50,000 to help fuel our election coverage, and we've fallen behind on reaching our goal. Any amount you give today will bring us closer to making our reporting possible—and a generous donor has agreed to match all online donations, so your impact will be doubled.