The housing market is starting to show signs of a slowdown. If the trend persists, the U.S could see an impact in other sectors of the economy — starting with big-ticket items that go into furnishing a new home.
“The housing market is very much a leading indicator of the economy because of the knock on effects through the various sectors, like consumption of durable goods,” Eric Basmajian, founder of EPB Macro Research, told Yahoo Finance.
He predicts durable goods such as large appliances…
Source link
