02/25/2018

News

Homeless Population Rises, Driven By West Coast Affordable-Housing Crisis

Homelessness in the United States went up slightly this year for the first time since 2010. During a one-night count in January, 553,742 people were found living outside or in shelters across the country, a 0.7 percent increase from the year before, according to new data released by the Department of Housing and Urban Development on Wednesday.

The increase is almost entirely due to a surge in homelessness in Los Angeles and other cities facing severe shortages of affordable housing, say HUD officials. Many of the cities are on the West Coast, including Seattle, San Diego and Sacramento, Calif.

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US Manufacturing Expands at Best Pace in 2 Years

US factory activity expanded last month at the fastest pace in 2 ½ years, an encouraging sign that manufacturing could lift economic growth and hiring in the coming months.

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