Economic

Components Industry Good Indicator of US Economic Health

Component manufacturers (CMs) and their suppliers went to Capitol Hill this year to help their Congressional lawmakers understand how the structural component manufacturing industry can be a valuable bellwether for our nation’s economic health.

Reviewing the Housing Recovery Fundamentals

There has been a steady tide of negative housing reports over the past few months that have raised doubts about the housing recovery.

Top 5 Things to Know About This Housing Recovery

The housing market is recovering — but not in a clean, linear fashion. Rather than progressing from the depths of the recession into a bountiful new boom, the recovery looks like a zigzag line.

Housing Markets that Support Consistent Sales

“Despite a slowdown over the winter months, the housing market continues to show improvement in most states, although at a somewhat slower pace,” says Freddie Mac Chief Economist Frank Nothaft.

Simpson Enjoyed Large 1Q Sales Increases

Simpson Manufacturing scored considerable increases in both its top and bottom line in the first quarter of 2014. Net sales for the three months ended March 31 were $168.3 million, up 9.1% from 2013's total revenue of $154.3 million. 

New Home Sales in the Top 5 Destination Cities

Using Metrostudy's portal, Builder Online pulled annual closings and average closing prices of new homes in each of the top 5 destination cities from U-Haul's list of top destination cities.

Top 10: Cities Where Homes are Selling the Fastest & Slowest

Although nationally new construction starts and existing home sales have been sluggish in recent months, buyers in many local markets will need to move a bit faster this year than last year in order to snag their dream house.

NAHB Chief Economist Analyzes Credit's Impact on Market Growth

Access to credit will be a significant factor in how small and large firms divide the market. Early signs show access is improving, but the path to a full return remains a long one.

Despite Weather Woes, Builders FirstSource Posts Strong 1Q

After the winter of 2014, executives have emphasized the impact of the weather in a high percentage of first-quarter reports. Dallas-based BuildersFirst Source is no exception.

Credit Thawing as Temperatures Rise, Should Bolster Housing

Mortgage lenders are beginning to ease the restrictive lending standards enacted after the housing boom turned to bust, a sign of their rising confidence in the housing market.