1. Home
  2. Blog
  3. Economic Insights, Market Update
  4. Market Update – Poor Outlook in Home Building Market
Treasuries are relatively unchanged this morning arfter Friday’s rally following the low reading on the consumer confidence report. Today, we have the NAHB housing market index at 10 a.m. EST which measures the general state of the single family home building market. It is expected to drop to 16. A reading can come in between 0 to 100, and below 50 indicates a poor builder outlook.

Leave a Reply

Your email address will not be published. Required fields are marked *