Marketplace®

Daily business news and economic stories
Jul 19, 2022

It’s brutal out here

And by “here,” we mean the housing market. Plus, the supply chain woes of small businesses persist, and Texas oil and gas may not be the job creators we thought.

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A sign "For Sale" is displayed in front of a renovated individual House in Washington on April 24, 2020. - Sales of new single?family houses collapsed in March as the lockdowns to contain the coronavirus outbreak took effect, dropping 15.4 percent compared to February, according to government data released on April 23, 2020.
A sign "For Sale" is displayed in front of a renovated individual House in Washington on April 24, 2020. - Sales of new single?family houses collapsed in March as the lockdowns to contain the coronavirus outbreak took effect, dropping 15.4 percent compared to February, according to government data released on April 23, 2020.
Eric Baradat/AFP via Getty Images

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It’s brutal out here