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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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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ITR Experts Say Strategic Planning
We are unbiased and apolitical at ITR Economics. Maintaining this position is consistent with our Core Values, which are the guiding tenets of our work; they help us to provide the best...
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ITR Experts Say Budget Planning
The US Producer Price Index is declining, and the trend will continue into next year as the US industrial economy tips into recession. As a result, the Consumer Price Index (CPI) will...
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ITR Experts Say Strategic Planning
Abject pessimism will not help you effectively prepare for the upcoming downturn. Here are a couple more datapoints that support our expectation that next year’s recession will be...
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ITR Experts Say Strategic Planning
Some recent developments in the labor market are, on balance, a positive for the overall economy, even if potentially to the detriment of the employee’s position in the labor market.
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One way to mitigate the pain that will accompany the industrial sector recession we are forecasting for the second half of 2023 and through 2024 would be to focus on markets that are not...
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