Consumer Sentiment

August 16, 2019 The initial estimate of consumer sentiment for August fell 6.3. points to 92.1 after having risen 0.2 point in July .  Even with the August drop sentiment  remains at a lofty level.  It has fluctuated in a range from 90.0-100.0 for the past five years....

Housing Starts

August 16, 2019 Housing starts fell 4.0% in July to 1,191 thousand after having declined 1.8% in June and 0.5% in May.   Because these data are particularly volatile on a month-to-month basis, it is best to look at a 3-month moving average of starts (which is the...

Homebuilder Confidence

August 15, 2019 .Homebuilder confidence rose 1 point in August to 66 after having risen 1 point in July.   A level of 66 is indicative of a solid level of confidence going forward although, admittedly, it is below readings of 70-75  at this time last  year. NAHB...