Fully 15% of the U.S. economy relies on housing. Constructing 100 new homes creates 297 full-time jobs, $28 million in wage and business income, and $11.1 million in federal, state and local tax revenue.

Seventy percent of vinyl resin produced in the U.S. goes into products for the building and construction market sector. This includes windows, doors, siding, exterior trim, fencing and decking, cables and wiring, flooring, wallcoverings, and high-quality PVC pipe. A strong housing market also sustains jobs for tens of thousands of workers.

The Vinyl Institute advocates for policies and programs that promote a robust housing sector and that keep home buying affordable.

Housing affordability is becoming an increasingly urgent issue. Costs for new homes are on the rise due to higher increased regulations, rising interest rates, and access to labor and materials. Federal policy makers need to address the overburdensome regulatory environment facing builders, protect the 30-year mortgage, and promote policies that will ensure a steady supply of well-trained workers to build the nation’s homes.