The February 2026 issue of the NFFS Economic Advisor is now available to all NFFS members.
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FEATURED ARTICLE
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A Closer Look: The U.S. Economy - What changed in the Housing Market and Why
by David Fairchild, ITR Economics
What you need to know: Protect your margins as the housing market faces headwinds
Interest rates are often discussed as if they are a single number. In reality, rates represent a signaling system — a complex one at that — about risk, growth, inflation, and economic confidence. For business leaders, understanding how those signals interact is critical.
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Also in this month's Advisor:
- ITR's Macroeconomic Outlook: "Economic momentum is strengthening despite persistent uncertainty, though performance still varies by sector... "
- Make Your Move: "Real personal incomes are rising, supporting consumer spending and overall economic growth..."
- Investor Update: "Peeking behind the curtain of a normal January ascent in the S&P 500, we are seeing signs of a rotation away from the tech and tech-like firms that outperformed in 2025..."
- ITR Economics' Long Term View: "2026 - Growth, 2027 - GDP Growth; Manuf. Flat, 2028 - Growth"
- Leading Indicator Snapshot: "Mixed signals in the table portray broad, though likely muted, growth for the economy in the coming quarters..."
- Manufacturing Industry Analysis: "US Total Manufacturing Production in the 12 months through January was 1.2% above the year-ago level..."
- State-by-State: Prices: "US Home Prices in the three months through November came in 1.9% above the year-ago level..."
- Reader's Forum: "Are wage gains keeping up with pricing across all sectors? " Haley Sienkiewicz, Economist at ITR Economics™, answers:
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Learn more at the NFFS Economic Portal
Don't forget to visit the NFFS Economic Portal, an all-in-one platform that provides a wealth of economic insights and invaluable resources to help members navigate the ever-changing business landscape. In the portal this month:
ITR Economics Blog
Trends Talk Podcast
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