Recent Updates
- EMERGEMA Lesotho: CPI (Oct-Prelim)
- Bulgaria: Analytical Reporting of Other MFIs, Loans (Oct)
- Romania: Central Bank Balance Sheet, MFI Loans, Deposits, Consolidated MFI Balance Sheet (Oct)
- Serbia: Bank Claims, Corporate and HH Sector Deposits,
- more updates...
Economy in Brief
PMIs Bend lower in EMU on Covid-19 Actions
Economies in Europe, the U.K., and even Japan are being beaten back by the Covid-19 virus...
FIBER: Industrial Commodity Prices Show Widespread Strength
The FIBER Industrial Materials Price Index increased 3.1% (7.7% y/y) during the last four weeks...
U.K. Retail Sales Rebound Strongly
U.K. retail sales have rebounded strongly in October, rising by 1.4%...
U.S. Existing Home Sales & Prices Strengthen During October
The National Association of Realtors (NAR) reported that sales of existing homes increased 4.3% (26.6% y/y) in October...
E-Commerce Sales Slip in Q3'20
During the third quarter of this year, retail sales via the internet (E-Commerce) eased 1.0%...
Viewpoints
Commentaries are the opinions of the author and do not reflect the views of Haver Analytics.
Unique Recession & Unusual Policies Create Uncertain Economic Outlook
State Labor Markets in October
Something Missing: Federal Income Taxes Are Missing the Rebound in Jobs & Income
A Vaccine Game Changer And What It Might Mean
Are Investors Prepared For A "Watershed" Election Outcome & A Rebirth of Federal Activism?
by Tom Moeller May 17, 2005
The May National Association of Home Builders' (NAHB) Composite Housing Market Index recovered all of the prior month's sharp drop and rose to 70.
During the last twenty years, annual changes in the composite index had an 83% correlation with the change in new home sales. There's been an 86% correlation with the change in single family housing starts.
All of the index components improved in May though the index of expected sales in six months by just 1.3%.
Traffic of prospective home buyers rose to the highest level this year.
The NAHB index is a diffusion index based on a survey of builders. Readings above 50 signal that more builders view conditions as good than poor.
Visit the National Association of Home Builders.
| Nat'l Association of Home Builders | May | April | May '04 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|
| Composite Housing Market Index | 70 | 67 | 69 | 68 | 64 | 61 |
