Macroeconomic 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.
June 2026: Recession Odds Rise
NAHB Economist Eric Lynch discusses household savings, the labor market, inflation, mortgage rates, and NAHB’s new index: State Projections of Remodeling.
May 2026: Inflation Outpaces Wage Growth for First Time in Three Years
Jesse Wade, NAHB’s director of tax & trade policy analysis, recaps the effects of the Iran war on the American and global economies, and reveals price projections for the coming months.
April 2026: Moderate Economic Growth Ahead
NA Zhao, NAHB’s principal economist, examines the sharp economic slowdown at the end of 2025 and shares her projections for GDP growth through the remainder of 2026.