Rising Rates and Recession Risks -  Economic Outlook

NAHB's Chief Economist Robert Dietz will provide an overview of economic and housing market conditions as the economy struggles with the highest pace of inflation in four decades.

The Federal Reserve is tightening monetary policy. What does this mean for economic growth, recession risk and interest rates? Dietz will detail macroeconomic factors affecting housing demand and industry-level measures of supply-side headwinds that are limiting construction sector, including building material prices. He will present NAHB housing forecast with an emphasis on construction.

Bring your questions for this engaging discussion of the economy with a leading national economist.

Agenda:
-Explore current macro conditions (including recession risk) affecting the housing market, including demographic factors determining housing demand
-Obtain the latest details on supply-side challenges for the construction industry, including material costs and labor shortages
-Examine NAHB's latest residential construction forecast, including single-family home building, multifamily development and remodeling

Robert Dietz, SVP & Chief Economist - National Association of Home Builders
Robert Dietz, Ph.D. is the Chief Economist for NAHB, where he leads a team of 12 economists whose responsibilities include forecasts of housing and economic trends, survey research, and home building industry and policy analysis. Dr. Dietz has published academic research on the private and social benefits of homeownership, federal tax expenditure estimation, and other housing topics. He is the nation's leading analyst of the residential construction industry.

Dr. Dietz has testified before the House Ways and Means Committee, the Senate Finance Committee, and the Senate Banking Subcommittee on Economic Policy on housing, economic and tax issues. He is a member of the Blue Chip, Wall Street Journal and other top national forecasting panels, has co-chaired the National Association for Business Economics construction/real estate group, and is commonly cited on CNBC, the Wall Street Journal, the Washington Post and NPR.

Prior to joining NAHB in 2005, Robert worked as an economist for the Congressional Joint Committee on Taxation where he estimated the federal budget impact of tax law changes associated with housing and real estate issues. He is a native of Dayton, Ohio, attended George Washington University as an undergraduate and earned a Ph.D. in Economics from The Ohio State University in 2003.