Macro Economic Outlook

Economics
Each month, leading economists at NAHB provide the latest insights on the current and future state of the U.S. economy and explain how key factors will impact the housing industry. Some of the key macroeconomic issues examined in these monthly reports include inflation, interest rates, material prices, employment and more.

September 2024: Consumer Spending to Cool by End of 2024

NAHB Economist Catherine Koh reviews the latest GDP and job growth data, and explains the impacts of the Fed’s interest rate cuts.

August 2024: Signs of Easing Monetary Policy

NAHB Principal Economist Na Zhao explains the resiliency of the U.S. economy thus far in 2024, and what to expect through the remainder of the year.

June 2024: Economic Resilience and Modest Growth Ahead

NAHB Economist Fan-Yu Kuo explains how the U.S. economy remains solid despite a slowdown during the first half of the year.

Housing and Interest Rate Forecast Industry data for 2020 to 2026.