BEA News: Gross Domestic Product, 2nd Quarter 2020 (Advance Estimate) and Annual Update
Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the [...]
Builder Confidence in 55+ Housing Market Bounces Back
"Low supply of existing homes and low interest rates are key factors in helping the [...]
BEA News: Personal Income and Outlays, June 2020 and Annual Update
Personal income decreased 1.1 percent while consumer spending increased 5.6 percent in June.
Builder confidence in 55+ housing market returns
NAHB chief economist Robert Dietz, “Like the broader housing market, we are seeing the 55+ [...]
Experts see home expenditures holding ground
One segment that is showing resilience is luxury spending on home products such as kitchen [...]
Floor covering sales struggle in 2019
U.S. floor coverings manufacturer dollar sales (U.S. factory shipments minus exports plus imports) could have [...]
New Home Sales Reach Highest Level Since Great Recession
In a sign that the housing market is leading the economy during the coronavirus outbreak, [...]
New home sales highest since Great Recession
"Along with rising builder sentiment, we are seeing increasing consumer demand in the suburbs, exurbs [...]
Single-Family Starts and Permits Post Double-Digit Gains in June
"Fueled in part by record low mortgage rates, builders are seeing solid demand for housing [...]
Architecture Billings Remain in Negative Territory, Begin to Stabilize
“While business conditions remained soft at firms across the country, those with a multifamily residential [...]