Economy Watch: Demand Growth for Oil Slows Worldwide
In its Oil Market Report for September, the International Energy Agency has lowered its forecast for global oil demand for the third month running.
Economy Watch: New Rules in the Works for Very Large Banks
In testimony before the Senate Banking Committee this week, Daniel Tarullo, a member of the board of governors of the Federal Reserve, said that the central bank wants to change regulations governing too-big-to-fail banks (or GSIBs, global systemically important banks, in Fed-speak).
Multifamily Inventory Outpaces Demand Amid Rising Rents and Employment Growth in NC
Apartment inventory in the Raleigh-Durham area expanded by 1,020 units during Q1 2014, a slight decrease from 1,340 deliveries in the last quarter of 2013.
Economy Watch: Residential Prices Continue to Moderate
Trulia reported that asking prices nationally for residential properties rose 1 percent in August, up a bit from 0.7 percent in July.
Oahu’s Improving Office Market Sees Strong Investor and Leasing Activity
In the context of an improving economy led by tourism, Oahu’s office market remained stable during the second quarter of 2014, with a positive quarter-over-quarter net absorption of 14,094 sq. ft.
‘Economy Watch’ Podcast with Dees Stribling: A Disappointing Month for Jobs
A disappointing month for jobs.
Economy Watch: Consumer Credit Spikes in July
Americans borrowed more in July than in June, according to the Federal Reserve, with U.S. consumer credit increasing at an annualized rate of 9.7 percent during the month, compared with 7.1 percent in June.
Economy Watch: Slower Jobs Expansion in August
Despite the relatively low number of jobs created in August—142,000 versus a 12-month average of 212,000 per month—some sectors continued to add jobs, according to the Bureau of Labor Statistics.
Economy Watch: Job Growth Moderates in August
The U.S. economy created 142,000 jobs in August, according to the Bureau of Labor Statistics, down somewhat from the stronger gains of the last 12 months, which have averaged 212,000 per month.
Economy Watch: Economy Still Growing, But Not Gangbusters
The Federal Reserve released the latest “Summary of Commentary on Current Economic Conditions by Federal Reserve District,” better known as the Beige Book. According to the report, economic activity has expanded in all the 12 Federal Reserve districts since the previous book, but “none of the Districts pointed to a distinct shift in the overall pace of growth.”