The AI Investment Surge and America’s Economic Divide: A Deep Dive
The Dual Forces Reshaping America’s Economic Landscape As global financial leaders gathered in Washington for IMF meetings, they encountered an…
Tag: Chief economist
Homebuilder Confidence Jumps as Fed Rate Cuts Improve Housing Outlook
Builder confidence posted its largest monthly gain since January as Federal Reserve rate cuts began lowering mortgage costs. The improvement comes as private sector data becomes crucial with government housing reports delayed during the shutdown.
Homebuilder Sentiment Rebounds Sharply in October
The National Association of Home Builders/Wells Fargo Housing Market Index reportedly surged five points to 37 in October, marking its highest level since April and the largest monthly improvement since January 2024, according to the latest survey data. The index, which measures builder confidence in current and expected sales conditions, remains below the 50 threshold that separates positive from negative sentiment, indicating that while pessimism is abating, challenging conditions persist across the housing sector.