Upcoming Webinar: A Macro Outlook for 2024
Persistently high interest rates, record low housing affordability and elevated construction costs have created challenging conditions for the housing industry throughout 2023.
What macro economic factors will impact the industry in 2024? Find out during an upcoming webinar from Pro Builder on Tuesday, Dec. 12, at 11 a.m. ET.
NAHB Chief Economist Robert Dietz will provide a status check on key macro issues affecting the economy and the housing industry, from productivity and inflation, interest rates and Fed policy, the state of construction labor, and market sentiment among housing professionals. The presentation, hosted by Pro Builder Editorial Director Rich Binsacca, includes a live Q&A session for attendees.
Register today to attend.
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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%.