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.
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.
March 2026: Iran War and Government Shutdown Spoil Economic Momentum
NAHB Senior Economist Fan-Yu Kuo explains several key results of the government shutdown in late 2025, and the macro impacts of the war in Iran.
