[CINCINNATI, Ohio ~ West Chester, Savannah Center ~ Nov. 26, 2019] Dr. Robert Dietz, Chief Economist at the National Association of Home Builders (NAHB), is in Cincinnati today to deliver a 2020 Economic Forecast organized by the Home Builders Association of Greater Cincinnati.
Dr. Dietz, also a Senior Vice President at the NAHB, is responsible for housing market analysis, forecasting and industry surveys, and housing policy research.
Prior to joining the NAHB in 2005, Dr. Dietz worked as an economist for the Congressional Joint Committee on Taxation. He has testified before Congress on housing, economic and tax issues.
Today’s event is scheduled for 11:30 a.m. – 3 p.m. at The Savannah Center in West Chester.
Dr. Dietz is a leading expert on home construction analysis and trends and has been cited and appeared on CNBC, The Wall Street Journal, and other news media. He is a native of Dayton, Ohio, and earned a Ph.D. in Economics from the Ohio State University in 2003.
Fast-forward this CNBC clip (below) to 1:16 to see Dr. Dietz in action:
https://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=7000103501
Some pre-event 2020 Economic Forecast highlights from Mr. Dietz:
- Single-family construction is expected to grow modestly in the near-term due to lower mortgage interest rates, low unemployment, and improving income growth;
- However, housing affordability challenges are an ongoing concern, particularly due to regulatory barriers for new housing supply. NAHB estimates about a quarter of typical newly-built home’s price is due to government policies and fees;
- Housing affordability can be improved by reducing regulatory barriers and increasing housing construction;
- The skilled labor shortage remains a persistent headwind for home construction volume growth. This is a problem that must be confronted by the industry as a whole, via local building associations working with trade schools and community colleges.
Cincinnati PR 
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