Mastering Encompass®

Home Builders Confidence Decline - Market Update 5/20/24


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Hey everyone, it's Larry Bailey. This is for the Week of May 13, 2024, in Review:

April brought cooler than forecasted consumer inflation, which was welcome news after the first quarter’s more persistent readings. Meanwhile, confidence among home builders declined and new construction activity was softer than expected. Read on for these stories and more: 

  • Friendly Consumer Inflation Number
  • Revisions the Real Story on Wholesale Inflation
  • Home Builder Sentiment Hammered Lower
  • Housing Starts, Permits Lower Than Expected
  • Flat Retail Sales Start of a Slowdown?
  • Watching Trends in Jobless Claims

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Mastering Encompass®By Larry Bailey