Tag: forecast

Housing Stands Poised to Lead a Recovery

Filed in Disaster Response, Economics by on May 29, 2020 2 Comments
Housing Stands Poised to Lead a Recovery

With one major exception, this week’s housing data showed some signs of stabilization after an effective two-month pause for major portions of the U.S. economy. While most indicators are down year-over-year, there are hints of a rebound in the data, provided businesses can continue to reopen as the virus slows its growth.

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NAHB Expects 10% Unemployment Rate at Year-End

Filed in Disaster Response, Economics by on May 1, 2020 0 Comments
NAHB Expects 10% Unemployment Rate at Year-End

Incoming macroeconomic data detail the economic damage the shutdown of the U.S. economy is having on households and businesses. Moves to gradually open up parts of the economy are responsible for a recent lifting of economic spirits and gains for the stock market itself. While risks remain — particularly of a W-shaped recovery that features recurring regional outbreaks of the virus — once markets get past the April and May data, an improved outlook should be on the horizon.

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An Economic Update from NAHB’s Chief Economist

Filed in Disaster Response, Economics by on March 20, 2020 3 Comments
An Economic Update from NAHB’s Chief Economist

NAHB chief economist is forecasting an economic downturn in the second and third quarters. If social distancing and virus mitigation efforts are effective, the economy should begin the process of rebounding shortly thereafter.

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Single-Family Starts Will Gain Ground in 2020

Filed in Economics by on January 21, 2020 1 Comment
Single-Family Starts Will Gain Ground in 2020

Single-family starts should continue on a gradual, upward trajectory in 2020, fueled by solid job growth and low mortgage rates that will keep demand firm, according to economists speaking at the International Builders’ Show in Las Vegas today.

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