Cologne, Germany -- European economists have a new phrase to describe their expectations for future growth. Out of fashion is "cautiously optimistic." In fashion is "moderately positive, but wobbly."
Las Vegas -- One look at the demonstration plank, and it’s easy to see the basic story behind NyloDeck. The demo deck board has synthetic carpet fibers blooming like flowers out of one end.
Las Vegas -- At last year’s International Builders’ Show, industry economists from the builders’ biggest trade group looked into their crystal balls and made forecasts for housing starts.
How did they do? Short answer: Not bad.
A little more than a year ago, HCN reported the housing start forecast from National Association of Home Builders chief economist David Crowe. Here’s how it stacked up with time and reality:
Total housing starts
Led by a resurgence in single-family production, housing will continue its climb toward higher ground in 2014, but builders are still confronting several challenges that could hinder the pace of the ongoing recovery, according to economists speaking at the National Association of Home Builders (NAHB) International Builders' Show (IBS) in Las Vegas.