Macro Economic Outlook

Economics
Each month, leading economists at NAHB provide the latest insights on the current and future state of the U.S. economy and explain how key factors will impact the housing industry. Some of the key macroeconomic issues examined in these monthly reports include inflation, interest rates, material prices, employment and more.

March 2025: Market Uncertainty Hinders Economic Growth

NAHB Economist Catherine Koh examines the economic impact of the administration’s efforts regarding tariffs and federal employment.

February 2025: Slowdown for Jobs, Consumer Spending in 2025

NAHB Economist Na Zhao describes the initial outlook for the year ahead.

January 2025: Signs of Cooling Housing Inflation

NAHB economist Jesse Wade examines the economy’s strong performance in 2024 and projections for the year ahead.

Housing and Interest Rate Forecast Industry data for 2020 to 2026.