All Posts Tagged: home builders
U.S. Outlook: Sentiment breaks harder, will hard data follow?
Chief Economist
Confidence is infectious these days. Many economic surveys are all pointing to a rare outbreak of positivity and growth.
For more, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Dec. 16.
- Small businesses are breaking out of their expansion-long funk. The NFIB’s small business index hit a two-year high in November at 98.4.
- Homebuilding confidence jumped in October, with strong gains in present and future sales and buyer traffic in all regions of the country.
- However, the hard data released this week on November retail sales and industrial production proved disappointing.
- We have seen similar bursts of optimism in this expansion’s past that were partially reversed before too long.
NOTE: The next U.S. Outlook will be published on Jan. 6, 2017.
Read More ›Numbers Count: Weekly mortgage data highlights
Mortgage Banking
U.S. Outlook: Is housing still on fragile ground?
Chief Economist
We’re forecasting some improvement in April’s housing sales numbers and see other reasons for near-term optimism.
Read More ›Numbers Count: Weekly mortgage data highlights
Mortgage Banking
Although the home builders’ overall index remains weak, more builders in the NAHB latest survey indicated they expect sales prospects to improve over the next six months.
Read More ›
