National Association of Home Builders Economic Research Blog
U.S. Economy Adds 57,000 Jobs in June
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The U.S. labor market lost momentum in June, with total nonfarm payroll employment rising by just 57,000, the smallest gain since February’s outright decline. Downward revisions to April and May ...
Residential Construction Spending Increases in May Due to Remodeling
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Private residential construction spending rose modestly in May 2026, marking the third consecutive month of gains, albeit at a slower pace. According to the latest construction spending data from the ...
Consumer Confidence Inched Up in June
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Consumer confidence inched up in June due to improved views of business conditions and recent declines in oil prices easing inflation fears. However, the consumers’ view of the labor market ...
Construction Job Openings Increase
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The number of open positions in the construction sector increased in May, per the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs ...
Property Tax Revenue Leads State and Local Tax Growth in Q1 2026
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Property tax revenue collected by state and local governments was higher in the first quarter of 2026 according to the Census Bureau’s quarterly summary of state and local tax revenue. ...
State-Level Economic Growth Strengthened in the First Quarter of 2026
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State economic growth strengthened in the first quarter of 2026, with real GDP increasing in 46 states and the District of Columbia. According to the Bureau of Economic Analysis (BEA), ...
PCE Inflation Hits 3-Years High in May
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As the Iran conflict pushed up energy prices, the Personal Consumption Expenditures (PCE) Price Index—the Federal Reserve’s preferred inflation gauge—accelerated to a three-year high in May. While oil and gasoline ...
