‘Economy Watch’ Podcast with Dees Stribling: Economy Seems Better
Economy seems better, but housing’s still a drag.
Economy Watch: Chicago Fed Says Economy Still Growing
The Chicago Fed National Activity Index edged down to +0.12 in June from +0.16 in May, according to the Chicago Fed.
Economy Watch: Consumer Sentiment Up in June
Despite outbreaks of international brouhaha, American consumers were a little more optimistic in June than in May, though not quite as much as economists had expected.
Climbing Employment in Atlanta Drives Rental Demand and Multifamily Construction
The upswing in Atlanta economy continues as employers create more and more jobs, indirectly fueling the residential market.
Economy Watch: Housing Starts Slid in June
U.S. housing starts in June came in at an annualized rate of 893,000 units, according to the Census Bureau on Thursday.
Economy Watch: Beige Book Says Economy Still Growing
According to the latest Beige Book, which was released by the Federal Reserve, all 12 Federal Reserve Districts reported expanding economic activity.
Economy Watch: Retail Sales Up Modestly in June
Retail sales were up 0.2 percent in June compared with May, according to the Census Bureau, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes. Total sales for the month came in at $439.9 billion, up 4.3 percent from June 2013.
APARTMENT MARKET STATISTICS: July 2014
Total investment returns fell from 2.48 to 2.28 percent in first quarter for multifamily properties, according to data from the National Council of Real Estate Investment Fiduciaries (NCREIF).
Economy Watch: Citi Pays Fine for Subprime Misdeeds
Citigroup agreed to pay $7 billion to settle charges levied by the U.S. Department of Justice that the banking giant routinely and brazenly securitized and sold vast numbers of bum mortgages to investors in 2006 and ’07, and knew it was doing so.