The Housing Chronicles Blog: January column for Builder & Developer magazine now online

Monday, January 27, 2014

January column for Builder & Developer magazine now online

My column for the January 2014 issue of Builder & Developer magazine is now posted online.
For this issue, entitled "2014 Forecast:  Positive signs in the economy indicate strong economic growth," I discussed the robust GDP growth of 4.1 percent during the third quarter of 2013 and what that might mean for the general economy and the housing market in 2014.  An excerpt:
Looking forward to 2014, the U.S. economy seems poised to grow at the fastest rate since the dawn of “The Great Recession,” with GDP growth averaging 3.0 percent versus the plodding 2.0 percent rate with which we’ve been saddled over the past 4.5 years. In turn, this projected rate of growth could push up monthly job growth to 250,000 versus 190,000 over the past years. 

Should that occur, then the country would actually regain all of the jobs lost by the end of 2014, thereby pushing the unemployment rate closer to 6.0 percent or even 5.5 percent...
To read the entire column, click here.

To read the entire January 2014 issue in digital format, click here.

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