National
Economy Watch: A Variety of Businesses Hiring in October
The Bureau of Labor Statistics’ October employment numbers noted that a fairly wide variety of businesses were doing some net hiring during the month.
SPECIAL REPORT: Multifamily Industry Will Decelerate in 2013, Panelists Agree
The exuberant levels of multifamily rent increases, transactional activity and equity investments are due for a slowdown over the next year, suggested speakers at the 2012 CREW Network Convention and Marketplace held in Chicago.
Economy Watch: Job Creation Continues Steady Pace
The Bureau of Labor Statistics, despite speculation involving hurricane-related delays, did indeed report the monthly employment numbers on Friday, as scheduled. The result: the U.S. economy created 171,000 jobs in October, more-or-less as expected. The unemployment rate ticked up a bit, to 7.9 percent.
SPECIAL REPORT: Hurricane Sandy Likely to Stimulate Economy in Medium Term
Commercial property financing volume has increased by 25 percent in the first few weeks of the fourth quarter, said Sam Chandan, president and chief economist of Chandan Economics.
Economy Watch: Investors Return to the Trading Floor
Wall Street was back in business again on Wednesday, despite crippled infrastructure in the equities markets’ hometown.
Economy Watch: Sandy’s Costs Already Being Guessed
Sandy is still vexing parts of the Northeast with wind and rain, but it’s already time for preliminary damage estimates.
Economy Watch: Income, Spending Rise in September
Despite the inclement weather along the eastern seaboard, the Bureau of Economic Analysis published new statistics on personal income and spending on Monday, and they were better than expected.
Economy Watch: 3Q GDP Surprises Slightly on the Upside
The Bureau of Economic Analysis reported on Friday that U.S. real gross domestic product increased at an annualized rate of 2 percent during the third quarter.
Economy Watch: Chicago Fed Index Up in September
The Chicago Fed reported on Thursday that its National Activity Index increased to 0.00 in September from -1.17 during August.
TODAY’S DEALS: Steadfast Buys Austin Asset for $22M
Steadfast Income REIT buys its second Austin asset; Beech Street Capital closes $5.8 million for a pair of Dallas communities; and Vitus Group begins an affordable redevelopment in California.