Eye on the Economy

Available on a biweekly basis, Eye on the Economy is a new NAHB e-newsletter featuring economic, demographic, and government policy analysis. Read Eye on the Economy here, or subscribe to receive it free via e-mail.

Eye on the economy
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The new year has opened with a sense of growing optimism for housing.
1/26/2012
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2011 ended on a positive note with economic activity continuing to expand at a moderate rate and the housing sector finally gaining some positive momentum after bouncing along the bottom for most of the year.
1/12/2012
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The economic and housing news of the past few weeks suggests a continuation of the flat recovery.
12/15/2011
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A patchwork of good and not-so-good housing and economic data emerged over the past three weeks. Housing measures appeared to start moving in the right direction, but from record low levels.
12/1/2011
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Some positive news in recent weeks suggests the economy and housing demand may be gaining some traction after a year of just limping along.
11/10/2011
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Exceedingly weak for the past year, the housing recovery seems to be gaining a little momentum.
10/28/2011
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Recent economic news has been better than expected, but expectations were decidedly low following several months of a spluttering economic recovery, and the latest news from overseas is less than encouraging.
10/14/2011
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The pace of the economic recovery continues to disappoint.
9/16/2011
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Recent economic news has been dismal. The second estimate of growth in the gross domestic product for the second quarter was revised down from an already low level to 1.0%, following just 0.4% in the first quarter, well below where growth normally would be two years out from a recession.
9/2/2011
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Downward revisions to gross domestic product estimates last month showing an even weaker first quarter than previously reported led NAHB and other observers to lower projections for economic growth over the balance of 2011.
8/19/2011
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Recent data on the gross domestic product (GDP) confirm a marked deceleration in economic growth during this year’s first half, with the second quarter coming in at only 1.3% and the first quarter revised down to just 0.4% from an earlier estimate of 1.9%.
8/4/2011
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Providing yet more evidence of the weak state of the U.S. economy, employment growth slowed to a trickle in May and June, with an average monthly net increase of only 21,500 jobs.
7/22/2011
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Good news on housing has been hard to find lately, but the tide may be turning.
7/8/2011
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Housing and the economy remained sluggish and most economic data released during the past few weeks have been disappointing.
6/24/2011
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Someone in Washington seems to have noticed the connection between housing and the disappointing performance of the U.S. economy.
6/10/2011
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The housing market continued to disappoint in April, with a marked decline in housing starts and some slippage in existing home sales. Housing starts have been bouncing along the bottom since June of 2010.
5/31/2011
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As the nation’s housing industry slowly moves to higher ground, weak consumer confidence in the face of persistently high unemployment and a wobbly U.S. economy will restrain housing demand and production this year, according to speakers at NAHB’s semi-annual Construction Forecasting Webinar on …
5/13/2011
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Mid-April found the sales volume of both new and existing homes moving off recent lows, but housing prices continued to fall due to weak demand and relatively high unemployment.
4/28/2011
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Not much economic data was released early this month, but the housing sector remained depressed even as the economy began to show improvement.
4/14/2011
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There has been little news to cheer about in the housing sector of late, including the most recent data.
3/31/2011
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