trade wars United States versus China

Trade Wars: It’s All About Leverage

Elliott Eisenberg Economy

With the U.S.-China trade war looking increasingly ominous, two questions are on the minds of many: do trade deficits matter and which side has more to lose? Economists of almost all stripes agree that trade …

deficit

The Age of Austerity is Over

Elliott Eisenberg Economy

When the Congressional Budget Office made its June 2017 forecast of our fiscal future, it projected a deficit of $689 billion in FY2019. The deficit is now poised to be $1.2 trillion, a dramatic and …

single family permits houston

Economic Forecast Predicts Strong Outlook for 2018

Terry Swenson Economy

“Keep Building Responsibly” The annual Greater Houston Builders Association’s Economic Forecast Luncheon in January, was held at the Royal Sonesta and hosted over 900 GHBA members. The standing room only crowd was eager to hear …

oil rig oil prices

High Storage Levels, and Low Oil Prices

Elliott Eisenberg Economy

Oil prices are again on the decline, despite an announced reduction in supply by the OPEC oil cartel. Why? Dr. Eisenberg says the behavior of speculators and U.S. shale producers, the shape of the curve …

GHBA forecast panel 2017

Economic Forecast Luncheon 2017

admin Economy, Featured

2016 was a roller coaster year for the homebuilding industry, as builders and remodelers faced labor shortages, tanking oil prices, energy-sector job losses and an uncertain national political climate. At the annual Greater Houston Builders …