Economic

An economic outlook report released Thursday for members of the North American Building Material Distribution Association (NBMDA) points to positive trends.

U.S. manufacturing continues to slowdown as output and orders fell below break even but employment held up.

​For public and private decision makers, there were three papers presented at Jackson Hole that are worth a read.

Chairman of the Federal Reserve Ben Bernanke today gave a speech outlining near-term and long-term prospects and policy considerations concerning the nation’s economy. While Bernanke noted some positive developments have occurred in the two years since NBER’s end-date for the Great Recession, he also detailed economic disappointments that are a source of ongoing concern for any small business owner or stakeholder in the housing market.

Today the Bureau of Economic Analysis (BEA) released the “second” estimate of real GDP growth for the second quarter of 2011.

Today, markets received a gut-wrenching August payroll report, ratcheting up recession fears again.

Five years into a housing meltdown, questions are arising about how long some publicly held home builders can survive without significant improvement in the market.