National Association of Home Builders Economic Research Blog

Private Residential Construction Spending Posts Broad-Based Gains in August
Private Residential Construction Spending Posts Broad-Based Gains in August
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Private residential construction spending rose in August 2026 following a series of declines during the second quarter of the year. According to the latest construction spending data from the U.S. ...
AI Exposure Remains Relatively Low Across Most Construction Occupations
AI Exposure Remains Relatively Low Across Most Construction Occupations
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Artificial intelligence (AI) is rapidly changing how work gets done, but its impact varies considerably across occupations. For most construction occupations, near-term exposure to AI remains relatively low. An NAHB ...
Economic Growth Continued Across Most States in the Second Quarter
Economic Growth Continued Across Most States in the Second Quarter
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Real gross domestic product (GDP) increased in 44 states and the District of Columbia in the second quarter of 2026, according to the latest estimates from the U.S. Bureau of ...
PCE Inflation Remains Elevated
PCE Inflation Remains Elevated
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The Federal Reserve’s preferred inflation gauge remained elevated in August, complicating the Fed’s path to its 2% target. Core PCE held at 3.0% year-over-year for the third consecutive month. Though ...
Consumer Confidence Fell in September
Consumer Confidence Fell in September
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Consumer confidence in September plunged to the lowest level since April 2014 as consumers grew more pessimistic about current conditions and the economic outlook. This report captured consumer sentiment following ...
August Construction Job Openings
August Construction Job Openings
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The number of open positions in the construction sector fell back in August per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open ...
Market Share of 5,000+ Sq. Ft. Homes Edges Higher in 2025
Market Share of 5,000+ Sq. Ft. Homes Edges Higher in 2025
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New homes with 5,000 square feet or more of living space posted an increase in market share last year. In 2025, 27,000 homes of this size were started, accounting for ...
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The Government Accountability Office has released a report tallying the number of homebuyers benefitting from the homebuyer tax credit. The numbers are still incomplete as the IRS continues to process submitted claims. Further, some homebuyers will not claim the credit until the end of the...

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