Macro Economic Outlook
February 2023: A Mild Resurgence in 2022
NAHB Principal Economist Na Zhao describes what is in store for the year ahead, as economic growth is expected to gradually slow.
January 2023: Gradual Improvements, But Recession Remains Likely
NAHB Economist Fan-Yu Kuo recaps the economy’s incremental improvements at the end of 2022, and examines data pointing to a slowdown for much of 2023.
December 2022: Higher Rates Expected Even as Inflation Eases
NAHB Principal Economist Na Zhao analyzes the potential severity and duration of a recession in 2023.
November 2022: Economic Slowdown Ahead Despite Recent Rebound
NAHB Economist Fan-Yu Kuo explains key factors that will ease pressure on the Fed to maintain its aggressive monetary policy.
October 2022: The Shrinking Economy
NAHB Principal Economist Na Zhao reviews the current state of the economy and explains the likely impacts of additional, aggressive actions from the Federal Reserve.