WASHINGTON, DC — At the National Association of Home Builders’ (NAHB) 60th-annual Construction Forecast Confer-ence here, the general consensus among the economists speaking was that the economy and housing will begin to slow, despite a strong first quarter.
The conference was kicked
off by David F. Seiders, senior staff vice president and chief economist of the NAHB, who provided a national economic and housing outlook. Seiders noted that in 1997, the talk was that an economic and housing slowdown was imminent. Three years later, however, “The economy still has a lot of strong forward momentum.”