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Houzz Economic Expert Shares 2023 Insights

Houzz Economic Expert Shares 2023 Insights

by Lindsey Thompson | Dec 22, 2022 | Industry News

Marine Sargsyan is a staff economist at Houzz, the leading platform for home remodeling and design, including the all-in-one software solution for industry professionals. She specializes in survey and data science, providing timely insights on national and...
NAHB Economic Expert Shares 2023 Insights

NAHB Economic Expert Shares 2023 Insights

by Lindsey Thompson | Dec 22, 2022 | Industry News

Danushka Nanayakkara-Skillington is the National Association of Home Builders’ (NAHB) assistant vice president for forecasting and analysis. She oversees the activities of the forecasting & analysis section of the economics group which includes housing...
NRF Says Consumers Still Spending in Light of Inflation Woes

NRF Says Consumers Still Spending in Light of Inflation Woes

by Lindsey Thompson | Oct 5, 2022 | Industry News

In the latest Monthly Economic Review from the National Retail Federation (NRF), chief economist Jack Kleinhenz says that consumers are worried about high inflation and increased interest rates but are still spending. Overall retail sales reported by the Census Bureau...
May Inflation Hits Highest Point Since 1981

May Inflation Hits Highest Point Since 1981

by Lindsey Thompson | Jun 13, 2022 | Industry News, Operational Insights

The U.S. Bureau of Labor Statistics released its Consumer Price Index for All Urban Consumers last week, which showed an increase of 1% in May, after rising 0.3% in April, and an inflation rate of 8.6%, the highest the U.S. has seen since 1981.  The energy index rose...
U.S. Adds 390,000 Jobs in May

U.S. Adds 390,000 Jobs in May

by Lindsey Thompson | Jun 6, 2022 | Industry News, Operational Insights

While the unemployment rate remained unchanged at 3.6% in May, 390,000 jobs were added to the U.S. economy even in light of increasing inflation, ongoing supply chain issues and predictions of an upcoming recession. The number of jobs added in May was down from the...
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