by Annie Dameworth | Jan 30, 2025 | Industry News, Trends & Products
The Federal Reserve recently announced a pause on rate cuts at the end of a January meeting, holding the federal funds rate between 4.25% to 4.5%, the National Association of Home Builders (NAHB) reports. The Fed notes the economy remains solid and specified a data...
by Annie Dameworth | Jan 14, 2025 | Industry News
According to the National Association of Home Builders (NAHB), residential construction employment is now at 3.4 million, with 961,000 builders and 2.4 million residential speciality trade contractors. In December 2024, construction workers saw a 5.5% unemployment...
by Jacob Musselman | Oct 30, 2024 | Industry News
The U.S. economy grew at 2.8% in Q3 2024, according to the estimate released by the Bureau of Economic Analysis. This growth follows a 3.0% increase in Q2 of 2024. This quarter’s growth matched the National Association of Home Builders (NAHB) forecast. The data from...
by Jacob Musselman | Sep 18, 2024 | Industry News
As mortgage rates are on the decline, builder sentiment rose this month even as builders continue to grapple with rising costs, according to the National Association of Home Builders (NAHB). In the newly-built single-family homes category, builder confidence is 41, up...
by Jacob Musselman | Jul 26, 2024 | Industry News
In Q2, the U.S. economy grew twice as fast as it did in Q1, which was supported by consumer spending and private inventory investment, according to the National Association of Home Builders (NAHB). Consumer spending rose at its annual rate of 2.3% in Q2, reflecting an...
