Why it matters
The figures point to a smaller housing-sector contribution to U.S. economic activity, affecting builders and related businesses. The article gives no estimate of effects on jobs, home prices, or household costs.
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Housing accounted for 15.7% of the U.S. economy in the third quarter of 2026, down from 15.8% in the second quarter and 16.0% a year earlier, according to NAHB Eye on Housing. Residential construction investment fell for a sixth consecutive quarter.
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The figures point to a smaller housing-sector contribution to U.S. economic activity, affecting builders and related businesses. The article gives no estimate of effects on jobs, home prices, or household costs.