WASHINGTON, DC — The annual Construction Forecast Conference held here by the National Association of Home Builders (NAHB) included a regional economic and housing outlook. The regional presenters discussed the “state of the states,” as well as regions and even cities.
Mark Zandi, chief economist for the catchily named Dismal Sciences, Inc., stated that regional economies are performing well from coast to coast, and noted that “The Northeast economy is the strongest regional economy in the country.” The Northeast lags the rest of the country in job growth, but it leads in income gains.