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.
October 2025: Mortgage Rates Fall to Lowest Level of the Year
NAHB Senior Economist Fan-Yu Kuo explains why the housing market has remained sluggish this year, but there is reason for increased optimism among builders.
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.
