Tag: GDP

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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Housing’s Share of GDP Declines on Affordability Factors

Filed in Economics by on July 31, 2019 0 Comments
Housing’s Share of GDP Declines on Affordability Factors

An analysis in a recent Eye on Housing blog post by NAHB Chief Economist Robert Dietz reveals that ongoing housing affordability concerns marked by a lack of supply are having a negative impact on the economy.

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