General Membership Meeting: Housing & the U.S. Economy: How Long

GUEST SPEAKER William C. Dunkelberg Professor of Economics Temple University School of Business & Management Chief Economist, National Federation of Independent Business Topic: Housing & the U.S. Economy: How Long Can This Keep Going On? A look at the importance of housing in the overall economy, the fundamentals (demographics,household formation, immigration, interest rates, income growth), inventories (#s and month's sales), price and financing trends and do this in the context of the larger economy (jobs, twin deficits, foreign purchases of mortgage backs etc.) PLUS AN UPDATE ON THE IMPACT OF HURRICANE KATRINA ON BUILDING MATERIALS AND PRICES