Builders Forecast








National Update

Real GDP GrowthNATIONAL UPDATE

7/9. Economic growth in the first quarter went from bad to worse as BEA’s third estimate was revised downward even further....Full Story

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builders see shortages of labor and—especially—subcontractors
7/3. Recent survey data from NAHB show that shortages of labor and subcontractors have become substantially more widespread since 2013. The incidence of reported shortages is now surprisingly high relative to the current state of new home construction, which has only very partially recovered from its 2008 downturn...Full Story

 

housing now - economic outlook

Watch Chief Economist Dave Crowe talk about the current state of housing and what to expect in 2014.

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