Economy Watch: A Solid Jobs Report for February
Defying recent worries, the U.S. economy turned in a strong performance in February in terms of job creation.
Manhattan Apartment Sales Dip
CityRealty’s latest report reveals a slight drop in the number of Manhattan apartment sales, but prices are still reaching record highs.
Yardi Matrix: High Demand in the OC
Orange County’s expensive single-family housing coupled with the region’s gains in employment will continue to boost demand for multifamily development and support rent growth.
Economy Watch: Beige Book Reports Uneven Growth
On the whole, the Fed’s anecdotal evidence pointed to economic expansion in most, but not all places.
Yardi Matrix: LA’s Live
Despite only moderate growth in some of its major industries and a declining middle class, Los Angeles experienced among the best rent growth in the country last year.
Economy Watch: Construction Spending Sees Uptick in January
The Census Bureau reported that U.S. construction spending during January 2016 came in at an annualized rate of about $1.14 trillion.
Warren Buffett, Optimist
Warren Buffet makes a case for long-term optimism about the U.S. economy.
Yardi Matrix: Seattle’s Spirit
Buoyed by its technology sector and the metro’s appeal as a live-work-play environment, Seattle’s economy and multifamily market continue to break new ground.
GDP Estimate Up, So is Personal Income
February ended with a modicum of good news for the U.S. economy.
The Economy Suffers an Assortment of Setbacks
During the last week of February there were further indications that the U.S. economy is stumbling.