U.S. HOUSING SUPPLY HURT BY COVID-19

OMAHA - Covid-19 is hurting the U.S. housing supply. The number of privately-owned housing units authorized by new building permits for the month of April fell to just over 1 million, a decline of 21% from 1.3 million, the revised number for March, and is 19.2% lower than the number of permits for the same month last year

Every U.S. metropolitan area's April unemployment rate increased from March's reading.

U.S. exports and imports both posted their largest monthly decreases on record amid coronavirus-related shutdowns around the world. Imports fell 13.7% in April from March, and exports dropped 20.5%, the largest declines since record-keeping began in 1992.

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