National Association of Home Builders Economic Research Blog

Author: Danushka Nanayakkara-Skillington

Danushka Nanayakkara-Skillington is NAHB’s Assistant Vice President for Forecasting and Analysis. She oversees the activities of the Forecasting & Analysis section of the Economics group which includes housing market analysis, industry surveys, developing and maintaining national, regional, long-term, and remodeling expenditures forecasts. Previously, she worked at NAHB as a Senior Economist, responsible for state and local analysis. Prior to joining NAHB, Danushka worked at J.D. Power as a Senior Economic Analyst in the automotive industry. She is a member of the Joint Advisory Board of Economists for the Commonwealth of Virginia. Danushka holds a B.A. degree in Economics and Business Administration from Otterbein University and M.A. degree in Applied Economics from Johns Hopkins University.

State-Level GDP in the First Quarter of 2022

Real gross domestic product (GDP) decreased in 46 states and the District of Columbia in the first quarter of 2022. New Hampshire, Vermont, Massachusetts, and Michigan saw modest GDP growth. According

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Annual Permits Per Capita: 2001-2021

Population growth in the United States amounted to just 0.12% in 2021 (between July 2020 and July 2021), the slowest rate on record dating back to 1900. The sharp slowdown

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New Home Sales Fall on Higher Rates

New single-family home sales declined in March as mortgage rates jumped to the highest levels since the start of the pandemic. Per Freddie Mac, the 30-year fixed rate mortgage was

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2021 State-Level GDP Data: Rebounding

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia in 2021 as the economy continued to recover from the COVID-19 crisis. According to the U.S.

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November Single-Family Permit Gains

Over the first eleven months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 1,029,208. On a year-over-year (YoY) basis, this is a 15.9% increase over

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