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 Rise in May: New Construction Input Analysis

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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HBGI Q1 2025: Multifamily Growth in Smaller Markets

Single-family construction growth slowed substantially across all markets in the first quarter of 2025, according to the Home Building Geography Index (HBGI).  Multifamily construction growth remained negative in the largest markets but reported significant expansion in lower population density areas. The HBGI tracks single-family and multifamily permits across seven population density delineated geographies in the…

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