PCE Deflator, (Personal Consumption Expenditure ... - Morningbull
PCE Deflator, (Personal Consumption Expenditure ... - Morningbull
PCE Deflator, (Personal Consumption Expenditure ... - Morningbull
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NAHB Housing Market Index - United States<br />
A timely gauge of home sales and expectations for future home building. Based on a small<br />
sample of homebuilders, the Housing Market Index is a timely indicator of future US home sales.<br />
However, as the index is not as comprehensive as formal housing reports like new home sales or<br />
MBA mortgage applications, the index acts more like a supplemental indicator for predicting<br />
housing trends.<br />
As such, the NAHB Housing Market Index is still able to provide general insight to where the<br />
housing market is heading. Given that new home sales reflect 'big ticket' items that require<br />
construction and investment, the housing market is often viewed as an indicator of the direction of<br />
the economy as a whole. Growth in the housing market will spur subsequent spending,<br />
generating demand for goods and services and the employees who provide them.<br />
The report headline is expressed in percentage change from the previous month.<br />
As a Technical Aside: The NAHB Housing Market Index divides the Single-Family Sales data into<br />
three categories: Present, Next 6 Months and Prospective Buyers Traffic.<br />
Relevance: Rarely affects markets<br />
Release schedule : 1:00 PM (EST); monthly, mid-month and covers the same month<br />
Source of report : National Association of home Builders<br />
Web Address : www.nahb.org<br />
Address of release : http://www.nahb.org/ (type "HMI" in search box)