Eye On Housing
Home building in the 2010s was a story of the Long Recovery. After the Great Recession, the number of home builders declined significantly, and housing production was unable to meet buyer demand. This deficit of housing in the United States continues to exist because of persistent supply-side headwinds for builders, creating a critical housing affordability challenge for renters and homebuyers…. 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 ›
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 ›
Real gross domestic product (GDP) increased in all 50 states and the District of Columbia, in the first quarter 2019 compared to the last quarter of 2018. U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 5.2% in West Virginia to 1.2% in Hawaii. Nationwide, real GDP growth increased… 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 ›
Real gross domestic product (GDP) increased in 49 states and the District of Columbia and declined in Alaska in 2018 compared to 2017, according to the U.S. Bureau of Economic Analysis. In 2017, 47 states and the District of Columbia recorded growth in GDP while three states (Kansas, Louisiana, and Connecticut) recorded a decline in GDP. As a result, nationwide growth… 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 ›
Real gross domestic product (GDP) increased in 49 states and the District of Columbia, in the third quarter 2018 compared to the second quarter of 2018. U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 5.8% in Washington to 0.0% in West Virginia. Nationwide, real GDP growth slowed to… 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 ›
The CPI was unchanged in January. The decrease in energy prices in January offset increases in the “core” CPI and the food index. The Consumer Price Index (CPI), reported by the Bureau of Labor Statistics (BLS), was unchanged in January on a seasonally adjusted basis. The CPI remained unchanged for the third consecutive month. Over the past twelve months, on… Read More ›