Macro Economic Outlook
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 2025: How to Tame Housing and Overall InflationÂ
NAHB Economist Eric Lynch examines how trade played a major role on the economy in the first two quarters, and which key contributors will have the biggest impacts on inflation in the near term.
August 2025: Economy Rebounds While Housing Cools
NAHB Principal Economist Na Zhao recaps how the U.S. economy rebounded in Q2 and what the outlook is for the rest of 2025.
July 2025: Federal Reserve Faces a Difficult Decision
NAHB Economist Catherine Koh explains the key factors for the Federal Reserve as it considers potential rate cuts in the second half of 2025.
