Understand the economic sectors that are impacting our industry today.

Residential Construction Employers Council

Understand the economic sectors that are impacting our industry today.
A joint meeting with the Home Builders Association of Greater Chicago.

Speakers: Jonathan Smoke, Chief Economist, Hanley Woods
 & Chris Huecksteadt, Metro Study

RCEC & HBAGC Members $45
Non Members $55

As chief economist, Jonathan Smoke is responsible for Hanley Wood's thought leadership, data products and services focused on the building product manufacturing channel, and leading the national research functions of the company. Jonathan has a comprehensive view of the market based on Metrostudy's coverage of housing through proprietary field collected data across the country as well as through public records, demographics, consumer survey data and economic data that cover almost every county and household. Jonathan led Hanley Wood's efforts to develop innovative research products and proprietary data sets, including the consumer demand for housing and remodeling, and forecasts of remodeling and new construction activity.

From 2006 to 2010 the housing market, both locally and nationally, experienced the biggest downturn since the Great Depression. Today,job losses, elevated unemployment levels, rising foreclosures end sagging home values all continue to impact the housing market's ability to recover. Chris Huecksteadt of Metrostudy, will analyze past and present trends in the housing market, with an eye on the keys to recovery and how the housing market can begin io right itself, he first half of 2012 saw some positive signs. Mr. Hneelsseesde will review the housing numbers and discern where the market might be heading for in 2014 and beyond.

Thursday, January 23, 2014
6:30 pm to 9:00 pm

European Crystal banquets
519 West Algonquin Rd.
Arlington Heights Illinois

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