Eye On Housing
Real gross domestic product (GDP) increased in 49 states and the District of Columbia, in the third quarter 2019 compared to the previous quarter. Delaware recorded no change during this time. The U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 4.0% in Texas to 0.4% in Hawaii. Nationwide,… Read More ›
According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) expanded at an annual rate of 2.1% in the fourth quarter of 2019, the same increase as in the third quarter. This marks the 23rd consecutive quarter of growth. For the full year, real GDP increased 2.3% in 2019, down from a… Read More ›
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia, in the second quarter 2019 compared to the previous quarter. The U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 4.7% in Texas to 0.5% in Hawaii. Nationwide, real GDP growth increased to 2.0%… Read More ›
After declines for six consecutive quarters, the home building component of gross domestic product (GDP) increased during the third quarter of 2019. This gain was due to the housing rebound that has taken hold since the spring, with the pace of single-family permits rising since April and the rate of single-family starts increasing since May. The overall housing share of… Read More ›
According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) expanded at an annual rate of 1.9% in the third quarter of 2019, down slightly from a 2.0% increase in the second quarter of 2019 but above NAHB’s forecast of 1.5%. This marks the 22nd consecutive quarter of growth, but the fifth… Read More ›
According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 2.1% in the second quarter of 2019, down from a 3.1% increase in the first quarter of 2019 and above NAHB’s forecast of 1.6%. It is the 21st consecutive quarter of growth. Today’s release also reflected… Read More ›
According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 3.2% in the first quarter of 2019, faster than the 2.2% increase in the fourth quarter of 2018 and above NAHB’s forecast. It is the 20th consecutive quarter of growth. Since the first quarter of 2017,… Read More ›
With the release of the first estimate of first quarter 2019 GDP growth (3.2% growth rate), housing’s share of gross domestic product (GDP) continued a downward trend, more evidence of the the lack of housing supply caused and affected by ongoing housing affordability issues. Housing’s share of GDP fell to 14.7%. The home building and remodeling component – residential fixed… Read More ›
After a 3.4% rise in the third quarter, the nation’s economy grew at a slower pace in the fourth quarter of 2018. According to the “initial” estimate1 released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 2.6% in the fourth quarter of 2018, slower than the previous two quarters. It… Read More ›
In the third quarter of 2018, the nation’s economy grew at a slower pace than in the second quarter. According to the “advance” estimate released by the Bureau of Economic Analysis, real gross domestic product (GDP) increased at an annual rate of 3.5 percent in the third quarter of 2018, following the strong growth in the second quarter. It is… Read More ›