Eye On Housing

National Association of Home Builders Discusses Economics and Housing Policy

Jesse Wade

Jesse Wade, CBE, is an economist and director of tax and trade policy analysis for NAHB. His work focuses on analysis of state and federal tax data, international trade, and building materials. He additionally focuses on local area analysis, such as the NAHB Home Building Geography Index (HBGI). Previously, Jesse served as an economist in the NAHB Forecasting and Analysis Department. Prior to NAHB, Jesse worked as a research associate at the Center for the Study of Services. He holds a master’s degree in applied economics from the University of Maryland and a CBE - Certified Business Economist (the certification in business economics and data analytics developed by the National Association for Business Economics).

Producer Prices for Metals and Equipment Show Large Increases

Jesse Wade08 mins

Residential building material prices rose in June, driven primarily by higher construction machinery and equipment part prices. Metal commodities also experienced significant increases, following recently implemented tariffs on steel and aluminum.  Meanwhile, price growth for services used in construction continues to outpace both domestic and imported goods.  Prices for inputs to new residential construction—excluding capital investment, labor,…

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Producer Prices Rise in May: New Construction Input Analysis

Jesse Wade06 mins

Prices for inputs to new residential construction—excluding capital investment, labor, and imports—rose 0.2% in May, following a (revised) decrease of 0.2% in April. These figures are taken from the most recent Producer Price Index (PPI) report published by U.S. Bureau of Labor Statistics. The PPI measures prices that domestic producers receive for their goods and…

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