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  • A Second Look at GDP Growth in the Second Quarter

    The Bureau of Economic Analysis (BEA) released the second estimate of real GDP growth for the second quarter of 2016 based on more complete source data than was available for the advance estimate. Real GDP grew at a 1.1% seasonally adjusted annual rate, little changed from the 1.2% earlier estimate. The revisions were mixed, consumer spending was slightly stronger, investment… Read More ›

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  • States with the Fastest Growing Construction Employment

    NAHB’s analysis of July regional employment data from the BLS shows that states with the highest annual growth rates of total construction employment are Iowa (16.52%), Hawaii (12.89%), Idaho (12.63%), and Colorado (10.88%), compared to the national average growth rate of 4.55%.   Thirty-nine states and District of Columbia experienced positive year-over-year changes in construction employment in July. On a… Read More ›

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  • Serious Delinquency Rate on Single-family Mortgages Continues to Drop

    In its quarterly National Delinquency Survey, the Mortgage Bankers Association reported that 3.11% of 1-4 family mortgages were seriously delinquent in the second quarter of 2016. Measured on a not seasonally adjusted basis, the rate of serious delinquency, which includes both mortgages that are 90 or more days past due and mortgages in foreclosure, was 0.84 percentage point less than the 3.95%… Read More ›

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