NAHB Announcements

  • Fed Raises Key Rate, Balance Sheet Normalization to Accelerate in January

    In its statement following its December 12-13, 2017 meeting, the Federal Open Markets Committee (FOMC) decided to raise the target range for the federal funds rate to a range of 1.25 to 1.5 percent, a decision that was widely expected. Despite the increase, the FOMC believes that the “stance […]

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  • State Economies Contribution to Nationwide GDP Growth

    Real gross domestic product (GDP) increased in 48 states and the District of Columbia in the second quarter of 2017, according to the U.S. Bureau of Economic Analysis. The majority of the states, 44, and the District of Columbia posted an acceleration in its annualized rate from the first quarter […]

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  • Record-Setting Pace of Price Increases Continues

    Prices paid for inputs to residential construction (+0.7%), softwood lumber (+2.3%), gypsum products (0.4%), and OSB (+15.3%) all increased in November, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Since January 2017, the price paid for every major […]

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  • Homeowners’ Equity Improves

    The Financial Accounts of the United States for the third quarter of 2017 were published by the Board of Governors of the Federal Reserve System recently. On a nominal and not seasonally adjusted basis, the aggregate market value of households’ real estate continues to improve. In nominal […]

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  • Construction Job Openings Rise in October

    The count of unfilled jobs in the construction sector increased in October. This increase occurred during a period of expansion for repair and remodeling work in the wake of Hurricanes Harvey and Irma. According to the BLS Job Openings and Labor Turnover Survey (JOLTS) and […]

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