Economic

The NAHB/First American Improving Markets Index (IMI) identifies metro areas that have shown improvement for at least six months in three key areas — housing permits, employment and home prices.

Sentiment among purchasing managers at the nation’s service companies picked up modestly in August, suggesting that, despite other bad news, the economic recovery is not completely stalling.

Neither recession nor boom, but a disappointing middling growth outlook demands that investors and decision makers choose economic policies carefully.

With overall economic growth sputtering, the exceptionally modest recovery we have seen so far in home sales is likely to become even more sluggish.

While it was a fairly light week for economic data, speeches by President Barack Obama and Fed Chairman Ben Bernanke dominated headlines.

The Federal Reserve's Beige Book commentary reveals the group's read on economic trends, which have lost their head of steam.

Economic activity continued to expand at a modest pace; Multifamily improved; Total Revenue of Architectural and related services firms increased.

Unlike previous housing start cycles, the correction after the housing "bubble" from 2003 to 2006 was NOT caused by tight monetary policy or high interest rates. All of the previous housing cycles were driven by monetary policy actions.

The American Institute of Architects (AIA) issued the most comprehensive look yet at the built environment’s role in economic recovery, highlighting six specific policy steps that will generate jobs and help grow the American economy.

The National Association of Home Builders has released a new monthly index that examines metropolitan areas that have shown sustained economic improvement.