01-Ranking (1)

MHN Rankings

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Listicles

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Metrics

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Matrix Reports

07-labor-economy (1)

Labor/Economy

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REITs

Economy Watch: Rumbles of Trouble in the Euro Zone

It’s been a while since the euro-zone crisis rumbled loud enough to bother investors around the world, but late last week Portugal halted trade in Banco Espirito Santo, which is the banking arm of one of that country’s largest conglomerate, with regulators citing “irregularities” in its accounts and asserting that it’s in “serious financial condition.”

Economy Watch: Residential Price Increase Continues Deceleration

Trulia reported that in June, U.S. home prices were up 8.1 percent year-over-year, and 2.6 percent quarter-over-quarter, both of which reflect a slowdown in average price increases.

Economy Watch: QE3 on Its Way Out

The Federal Reserve’s massive, two-year stimulus of the economy—occasionally still called QE3—is now set to ride off into the sunset, according to the latest minutes of the Federal Open Market Committee.

Economy Watch: Consumer Credit Still Growing

U.S. consumer credit rose at an annualized 7.4 percent in May compared, according to the Federal Reserve. That’s a sizable increase, but not as much as in April, when the annualized increase was 10 percent.

Economy Watch: IMF Boss Expects Expanding Growth

The global economy ought to strengthen in the second half of 2014, and accelerate even more in 2015, International Monetary Fund Managing Director Christine Lagarde said.

Economy Watch: Strong Jobs Numbers Broad Based

A lot of industries were hiring in June, according to the Bureau of Labor Statistics, reporting the month’s employment numbers ahead of the Independent Day holiday weekend. With June’s increase of 288,000 workers, that means that over the past three months, job growth has averaged 272,000 per month.

Economy Watch: Economy Creates 288K Jobs

The U.S. economy created a robust net of 288,000 jobs in June, according to the Bureau of Labor Statistics.

Economy Watch: Home Price Increases

In yet another metric confirming that home prices nationwide are still increasing but not as fast, CoreLogic reported that home prices, including distressed sales, increased 8.8 percent in May 2014 compared to the same month a year ago.

Cleveland Apartment Construction Reaches Five-Year High

More and more people are moving to the Cleveland metro area, attracted by the steady economic growth and the new development in the city’s downtown, where developers are building everything from hotels, to retail, to housing.