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Year-to-Date Housing Activity Amid a historic spike in economic policy uncertainty, first quarter housing growth remained seasonally resilient. Building permits authorized through March totaled 343 thousand units, down just 4% from last year’s Q1 totals. Year-to-date housing starts through March more…
Review of 2024 The U.S. economy is currently on stable footing. Inflation remained close to 3% in 2024, down from its post-pandemic peak of over 7%. Unemployment rose only 3 tenths of a percentage point throughout 2024, remaining close to 4%. more…
In October, we reported in the Q4 2024 Forisk Research Quarterly (FRQ) our revised outlook for commercial timber inventory across the coastal Pacific Northwest (PNW) region. Our revised outlook for inventory over the next 10 years was generated from updates more…
Introduction Since last quarter, housing markets remained sluggish amidst falling inflation and a slowdown in labor markets. While the federal reserve lowered its policy rate last month to support labor market conditions, the realization of this policy change in the more…
A high interest rate environment has supported lowered expectations for housing starts this year. Seven of eight independently published forecasts revised their 2024 view of U.S. housing starts downward since last quarter, as inflation readings this year have remained above more…