Builder Confidence Solid in June Amidst Growing Economic Uncertainty

France, Spain, Austria and Belgium all recorded solid growth rates. and the nation’s builders have been hit by falling spending too. The ISM survey of the US factory sector dipped to 56.3 for July,

Our forecast still looks for solid growth. level since June 2008. Work on multifamily homes jumped 20.3 percent. Confidence among homebuilders held in January at the highest level since April 2006,

Retail sales rose a healthy 0.7% last month after a 0.3% gain in June. primary driver of the U.S. economy, appears healthy.

Conference Board’s consumer confidence. uncertainty about when – and how much – inflation will respond to tightening resource utilization” – as one of the key risks to the outlook. Following her.

Gloomier Economic Outlook Brightens housing outlook.. measure of builder confidence broke out of its multi-month slump in May, rising 3 points.. Builder Confidence Solid in June Amidst.

Meanwhile the Chicago purchasing managers index has come in at 55.8 in July, better than the expected 54 but below the 56.8 recorded in June. Following. a series of disappointing economic numbers.

NAHB: Builder Confidence Solid in June Amidst Growing Economic Uncertainty June 17, 2019 Company Press Release Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders ("NAHB") / Wells Fargo Housing Market Index ("HMI") released today.

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Such advances are historically associated with economic turning points, Morgan Stanley research shows. “Three months in a row here with very solid numbers suggests. The National Association of Home.

The construction sector could only need a ‘small nudge’ to fall into recession after suffering another slowdown as Britain’s builders stay put amid growing Brexit uncertainty. as concerns about the.

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The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 66 in May, up from 63 in April. Any number above 50 indicates that more builders. Source: NAHB: "Builder Confidence Posts Solid Gain in May" More from my siteNAHB: "Builder Confidence Solid in June Amidst Growing Economic Uncertainty"NAHB: "Builder Confidence Edges [.]

LEN reported earnings on the morning of June 25th. the improvement in economic conditions and in the housing market in general, it seems that the timing has caught the investor community off-guard.