New home sales hold steady in April

In a sign that the housing market is stabilizing in the wake of the COVID-19 [...]

BEA News: Personal Income and Outlays,  April 2020

Personal income increased 10.5 percent (monthly rate) in April according to estimates released today by [...]

US tile imports fell sharply in the first quarter

The figures for ceramic tile imports into the United States in the first quarter of [...]

BEA News: Gross Domestic Product, 1st Quarter 2020 (Second Estimate); Corporate Profits, 1st Quarter 2020 (Preliminary Estimate)

Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according [...]

Builder confidence posts solid gain

In a signal that the housing market is showing signs of stabilizing and gradually moving [...]

Broad decline for home construction in April

In a sign of the growing economic toll from the coronavirus pandemic, total housing starts [...]

Multifamily builder confidence weak in Q1

Confidence in the market for new multifamily housing weakened significantly in the first quarter of [...]

Housing affordability down due to economic losses

"The affordability decline is tied to the coronavirus outbreak as job losses surged and median [...]

Builder confidence in 55+ housing sees big drop

"Like the broader housing market, the 55+ housing market has taken a significant hit due [...]

BEA News: Personal Income and Outlays, March 2020

Personal income decreased 2.0 percent in March after increasing 0.6 percent in February. Wages and [...]