Labor/Economy
Economy Watch: Real Estate Could Be Affected By Lower Job Numbers
The Bureau of Labor Statistics is going to release its monthly employment numbers, and while monthly reports contain a certain amount of noise, the real estate industry pays attention—as it should.
Economy Watch: A Look at the Increase in Consumer Spending
Some good news, especially for retailers: U.S. consumers’ daily spending, according to Gallup, fell to an average of $81 in January, down from $98 in December.
‘Economy Watch’ Podcast with Dees Stribling: Millennials Will be Driving Real Estate
The Millennials will be driving real estate in the future–but how?
‘Economy Watch’ Podcast: Against a Boom in Retail
Fundamentals are against a boom in retail development.
Economy Watch: Are Millennials Key for the Recovery of the Single-Family Market?
The single-family market is improving, but at a slow pace. Could Millennials aid in the recovery?
Durable Growth
(value of manufacturers’ new orders; not seasonally adjusted; $ in millions)
Economy Watch: US, World Metro Areas’ Economic Growth Vastly Uneven
The fastest-growing metro areas in the United States year-over-year in 2014—including both employment growth and GDP per capita growth combined—were (in order beginning with the strongest): Austin, Houston, Raleigh, Fresno and Dallas.
Economy Watch: Millennials Will Continue to Be Renters. Here’s Why
All good times do come to an end, but in the case of the running boom for U.S. apartment properties, demographic data (demand) and development data (supply) are still on the landlords’ side and likely will be for at least another decade, if not longer.
Economy Watch: Homebuilders Still Optimistic, Says NAHB
During the worst of the recession, the confidence of homebuilders nationwide was absolutely crushed. But homebuilders finally reached a more optimistic frame of mind.