From the President's Desk Construction
US Total Private Domestic Fixed Investment1 is at a record high $4.794 trillion and 3.3% higher than the year-ago level. Private Fixed Investment consists of purchases of residential and...
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From the President's Desk Construction
US Total Private Domestic Fixed Investment1 is at a record high $4.794 trillion and 3.3% higher than the year-ago level. Private Fixed Investment consists of purchases of residential and...
Continue Reading
Near sourcing and onshoring trends are underway in the US, both as insurance against any future COVID-esque supply chain difficulties and as part of a broader shift away from globalism and...
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The US Single-Unit Housing Starts 12-month moving total has been rising since July, and the annual rate-of-change has been rising since June.
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After just shy of two years of decline, the US Single-Unit Housing Starts annual rate-of-change ticked upward with June and July data. While the 12-month moving total (12MMT) is still down...
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High mortgage rates have been contributing to significant decline in US Single-Unit Housing Starts since the middle of 2022. There is fear, confusion, and misinformation regarding the...
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Affordability = Earnings + Home Prices + Mortgage Rates + Size What is new: Earnings are rising (adjusted for inflation). Home prices are declining. Mortgage rates are down. Single-family...
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