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Tag Archives: inflation

Inflation Impacting Housing Affordability

housing affordability

In a recent e-newsletter, National Association of Home Builders (NAHB) chief economist Robert Dietz shared his insights on the current and future economy and provided housing market updates. The rising mortgage interest rates and stricter policies from the Federal Reserve …

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Inflation Continued Upward Climb in March

March inflation

The U.S. Bureau of Labor Statistics reported another jump in inflation in March, up 1.2 percent after a 0.8 percent increase in February. Inflation has risen 8.5 percent over the last 12 months, the largest 12-month increase since December 1981. …

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2022 Easter Spending Insights

Easter Spending 2022

According to the National Retail Federation’s (NRF) annual survey with Prosper Insights & Analytics, 80 percent of Americans will celebrate Easter this year and 51 percent of celebrations will be in person. The survey also shows that American consumers plan …

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NRF Forecasts 6 to 8% Retail Sales Growth in 2022

sales growth 2022

The National Retail Federation (NRF) released its annual forecast, predicting a 6 to 8 percent growth in U.S. retail sales to more than $4.86 trillion in 2022. Nonstore and online sales year-over-year, which are included in the total figure, are …

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U.S. Inflation Continues to Soar

U.S. inflation

Last week, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers jumped 0.8 percent in February after an increase of 0.6 percent in January. The U.S. inflation rate over the last 12 months …

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U.S. Inflation Climbs at Highest Rate Since 1982

May inflation

The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers, which measures U.S. inflation, increased 0.6 percent in January. The all items index increased 7.5 percent before seasonal adjustment, the largest 12-month increase since …

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Homebuilder Confidence Remains High

High Homebuilder confidence

Despite concerns over inflation, supply-chain disruptions and an ongoing labor shortage, homebuilder confidence remains high, according to CNBC. Builders continue to benefit from a low supply of existing homes for sale and housing demand remains strong even during the slow …

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