National Association of Home Builders economist Paul Emrath posts up the latest data, with some analysis on the NAHB Remodelers Market Index, which looks at overall blended business confidence, as well as current and future confidence readings.
Emrath notes that the one-point improvement over the prior quarter reflects the slow-trajectory gains the industry is making, with "sustained confidence" among remodelers. Emrath writes, of the future:
At 59, the RMI’s future market conditions index gained a point from the previous quarter. Among its four components, calls for bids and backlog of jobs each rose one point from the previous quarter—to 58 and 61, respectively. Meanwhile, the amount of work committed and appointments for proposals each rose two points from the previous quarter’s readings—to 57 and 60, respectively.