Economy Watch
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Economy Watch: Nonresidential Sector Sees Employment Boost in September
This year's hurricane season may help explain the growth in employment among nonresidential specialty trade contractors, who would have been hired to help with rebuilding efforts, noted Associated Builders and Contractors Chief Economist Anirban Basu.
News 09 October 2017 13:09 -
Economy Watch: US Lost 33K Jobs Due to Harvey, Irma
The number of jobs lost in September compares to the average gain of 172,000 jobs per month over the last year, according to the Bureau of Labor Statistics.
News 06 October 2017 14:05 -
Economy Watch: The Fastest-Growing Large City in 2016
Cities in Texas made the most appearances on Wallethub's latest study, with the state capital topping the list of large U.S. cities with the fastest economic growth.
News 04 October 2017 13:20 -
Economy Watch: Certain Residential Markets Overvalued
In San Francisco, real residential prices have soared 65 percent since 2012, and remain 6 percent above the national average, according to the latest UBS 2017 Global Real Estate Bubble Index.
News 29 September 2017 13:32 -
Economy Watch: Real Estate Investment Off in First Half of 2017
Industrial was the only sector that saw an increase in total investment volume in the first six months of the year, Avison Young recently reported.
Research Center 28 September 2017 17:11 -
Economy Watch: Most Metros Enjoyed Growth in ’16
The finance, insurance, real estate, rental and leasing industries contributed to GDP growth in 217 of the 382 metro areas recently examined by the Bureau of Economic Analysis.
News 27 September 2017 13:23 -
Economy Watch: Texas LEEDs in Residential Projects
The Lone Star State has the most LEED-certified residential construction projects in the U.S., with more than half of them located in the Dallas-Fort Worth-Arlington metro area, according to a recent ABODO report analyzing USGBC data.
News 25 September 2017 14:47 -
Economy Watch: Immigration Policy Changes’ Impact on CRE
Limiting the number of immigrants to the U.S. would exacerbate the labor shortages that several real estate-related fields are already facing, according to a recent Cushman & Wakefield study.
Research Center 22 September 2017 13:43 -
Economy Watch: Fed to Begin Divesting Balance Sheet
The Federal Reserve will start reducing its $4.5 trillion in holdings next month, including $1.8 billion in mortgage-backed securities.
News 21 September 2017 13:28 -
Economy Watch: Consumers Unnerved by Recent Storms
Consumers responding to the University of Michigan's latest survey expressed concerns that Hurricane Harvey and Hurricane Irma would negatively impact the overall economy, leading to a drop in the Sentiment Index in August.
News 20 September 2017 13:10 -
Economy Watch: Employment Stable in Most States
Unemployment rates were higher in August in only eight states, lower in one state, and stable in 41 states and D.C., according to the Bureau of Labor Statistics latest jobs report.
News 18 September 2017 13:11 -
Economy Watch: Construction Material Prices Still on the Rise
Demand for construction materials remains high in the U.S., with positive wealth expectations creating confidence in real estate developers, according to a recent Associated Builders and Contractors report.
News 14 September 2017 13:06 -
Economy Watch: Economic Damage of Irma Could Hit $40B
AIR Worldwide estimates the damage caused by Hurricane Irma could be between $15 billion and $50 billion, but a great deal of uncertainty remains.
News 11 September 2017 13:21 -
Economy Watch: Residential, Commercial Activity Up a Bit, Says Beige Book
Construction activity picked up slightly in the residential and commercial real estate industries across the 12 Federal Reserve Districts, the latest Beige Book reported.
News 07 September 2017 12:48 -
Economy Watch: Apartment Rents Stabilize in Summer
The national median rent increased in September to its highest point of 2017, hitting $1,018, according to a recent ABODO report. However, the increase is only up a bit from January, when the median was $1,016.
News 06 September 2017 13:33