Epstein File EFTA01385279: Harvard, Driver and Construction (DS10)

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Epstein File EFTA01385279: Harvard, Driver and Construction (DS10)

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This document contains economic analysis and statistical data from Harvard University's Joint Center for Housing Studies (JCHS) regarding the remodeling and renovation (R&R) market, including leading indicators of remodeling activity (LIRA). The document analyzes drivers of home improvement spending, including GDP, house price index, housing starts, and existing home sales, with correlation coefficients and lag periods sourced from Deutsche Bank and Harvard data.

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Harvard driver construction Deutsche Bank Harvard University renovation

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Excerpt 1

According to the Joint Center for Housing Studies (JCHS) of **Harvard** University's Leading Indicator of Remodeling Activity (LIRA), the R&R market is projected

Excerpt 2

0.8184 1Q Leading Economic Index 0.7325 1Q Remodeling Permits 0.7885 4Q Housing Starts 0.7436 4Q Existing Home Sales 0.7478 5Q Source Deutsche Bank, **Harvard**

Excerpt 3

Figure 1: Drivers Of Home improvement Spending Correlation Correlation **Driver** Coefficient Lag GDP 0.8422 1Q House Price Index 0.8184 1Q Leading Economic