Video: NAHB Chairman Addresses Economy and Looming Recession
In the August Chairman’s Update video, Chairman Jerry Konter reports on the latest NAHB/Wells Fargo Housing Market Index (HMI) numbers and the current state of the economy. To learn more about what to expect from the economy in the coming months, visit eyeonhousing.org or nahb.org.
Latest from NAHBNow
IBS
Jan 07, 2026
3 Game Changers to Transform the Way You Do BusinessThe Game Changers format pairs an industry professional with an expert outside the industry to tailor the latest techniques, strategies and approaches to the building industry. Learn how you can experience the best of both worlds — the business world and the building world — at the 2026 International Builders' Show in Orlando, Feb. 17-19.
Economics
Jan 07, 2026
Mortgage Rates End 2025 at the Lowest Level of the YearLong-term mortgage rates have been declining since mid-2025 and ended the year at their lowest level since September 2024.
Latest Economic News
Economics
Jan 07, 2026
State-Level Employment Situation: November 2025In November 2025, employment levels were largely unchanged across all states, with year-over-year growth holding near 2%. In contrast, construction employment showed greater variation, with some states experiencing declines of up to 7.5% while others posted gains approaching 10%.
Economics
Jan 07, 2026
Construction Job Openings Increased in NovemberThe count of open, unfilled positions in the construction industry increased in November, per the delayed Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). The current level of open jobs is down measurably from two years ago due to declines in construction activity, particularly in housing.
Economics
Jan 06, 2026
Mortgage Rates End 2025 at the Lowest Level of the YearLong-term mortgage rates have been declining since mid- 2025 and ended the year at their lowest level since September 2024. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.19% in December, 5 basis points (bps) lower than November. Meanwhile, the 15-year rate declined 3 bps to 5.48%.