Author Archives: TARR Report

Building PermitsPrivately‐owned housing units authorized by building permits in February were at a seasonally adjusted annual rate of 1,524,000. This is 13.8 percent above the revised January rate of 1,339,000, and 17.9 percent below the February 2022 rate of 1,857,000. … Continue reading →

The Conference Board Employment Trends Index™ (ETI) rose in February to 118.29 from a downwardly revised 118.14 in January 2023. The Employment Trends Index is a leading composite index for employment. When the index increases, employment is likely to grow … Continue reading →

New Home SalesSales of new single‐family houses in January 2023 were at a seasonally adjusted annual rate of 670,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is … Continue reading →

Household Debt Rises to $16.90 Trillion; Credit Cards Pass Pre-Pandemic High Total household debt rose by $394 billion, or 2.4 percent, to $16.90 trillion in the fourth quarter of 2022, according to the latest Quarterly Report on Household Debt and Credit. Credit card balances … Continue reading →

New York, February 17, 2023…The Conference Board Leading Economic Index® (LEI)for theU.S. fell by 0.3 percent in January 2023 to 110.3 (2016=100), following a decline of 0.8 percent in December. The LEI is now down 3.6 percent over the six-month … Continue reading →

Building PermitsPrivately‐owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,339,000.This is 0.1 percent above the revised December rate of 1,337,000, and 27.3% below the January 2022 rate of 1,841,000.Single‐family authorizations in … Continue reading →

                                                                                                                                  CEO Confidence Picked Up in Q1, but CEOs Remain Pessimistic Entering 2023 Confidence Improved from 2022’s Lows, but Still Signals Caution New York, NY, February 9, 2023 … The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council stands … Continue reading →

NEW YORK, February 6, 2023…The Conference Board Employment Trends Index™ (ETI) rose in January to 118.74, up from an upwardly revised 117.06 in December 2022. The Employment Trends Index is a leading composite index for employment. When the index increases, … Continue reading →

New York, January 31, 2023… The Conference Board Consumer Confidence Index® decreased in January following an upwardly revised increase in December 2022. The Index now stands at 107.1 (1985=100), down from 109.0 in December (an upward revision). The Present Situation … Continue reading →

Single family residential down 22% from peak in February of 2006; December up 3x compared to post great recession valley in November of 2011. Apartment construction at record levels.