The big jobs report is due shortly, plus does the outfit you buy to see Taylor Swift

have to be a one-shot deal?

I'm David Bruncacho and about an hour and a half, data about the economy that's about

as fresh as it comes gets released.

It's data that will guide jobs, searches, interest rates, and many other money decisions.

The typical bet by forecasters is that 170,000 more people were on payrolls in the month

just ended.

The lowest rate of job creation this year will also get the household survey of who's

got a job and who's looking to yield the unemployment rate.

Later today, we'll learn how much money was spent building housing in America in July.

Higher interest rates make construction loans more expensive.

Also making construction more expensive, climate change, marketplaces just in ho has that.

In states where natural disasters are becoming more common, builders are demanding more climate

resistant building materials like steel reinforced walls and wind resistant glass.

And so then that makes it costlier if there's a spike in demand coming from all home

builders in that area.

That's Paranethasastry, a finance professor at Columbia Business School.

As natural disasters pick up, Sastry says developers face additional regulatory hurdles, too,

if they want to say qualify for the National Flood Insurance Program.

You know, elevation requirements, there may be restrictions on basement construction.

Many insurance companies have been raising home insurance premiums in disaster prone areas.

Some insurers have stopped offering home insurance in certain states.

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