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Saturday, April 1, 2023

Interest Rates: Cracks Are Forming In The Economy

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manassanant pamai

For about a year now, the Federal Reserve has been working to combat persistent and painful inflation. This inflation truly was a product of multiple things, the most significant of which was the COVID-19 pandemic. But even though the pandemic is





Energy Prices

Author – EIA

Housing Data

Census Bureau

Company Current Backlog Backlog 1 Year Earlier
D.R. Horton (DHI) 15,759 29,347
Lennar Corporation (LEN) 18,869 23,771
PulteGroup (PHM) 12,169 18,003
NVR Inc. (NVR) 9,162 12,730
Taylor Morrison Home Corporation (TMHC) 5,954 9,114

Company Current Cancellation Rate Cancellation Rate 1 Year Earlier
D.R. Horton 27.0% 15.0%
Lennar Corporation 17.0% 10.0%
PulteGroup 19.0% 9.0%
NVR Inc. 14.2% 9.2%
Taylor Morrison Home Corporation 13.5% 6.5%

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