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.
‘Economy Watch’ Podcast with Dees Stribling: The Job Numbers are Good
The jobs numbers are good, but wages still stagnate.
Economy Watch: A Strong Year for the Hotel Industry
This year is going to be another good year for the U.S. hotel industry, even better than the strong 2014, according to recent predictions from various sources, including the most recent TravelClick North American Hospitality Review (NAHR) and PKF Hospitality Research (a CBRE company).
Economy Watch: Low Inflation Generally Positive for CRE
The Bureau of Labor Statistics reported that the CPI was down 0.4 percent in December. That’s the steepest drop in that particular metric since 2008.
Economy Watch: Why Smart Money’s on Multifamily
For-rent multifamily is long past being the darling property type of the year for any particular year since the recession hit.
Economy Watch: The Persistent Sluggishness of Retail Development
Retail sales dropped a bit in December, the Census Bureau reports, adjusting for the holiday season–down 0.9 percent compared with November–which sounds like bad news for retailers and the landlords that lease space to them.
‘Economy Watch’ Podcast with Dees Stribling: Ending the Year on a Strong Hiring Note
The year ended on a strong hiring note, which ought to be good more all property types.


