‘Economy Watch’ Podcast with Dees Stribling: Hiring is Pretty Strong
Hiring was pretty strong in May.
Economy Watch: Economic Worries a Drag on Housing
Americans’ concerns about the direction of the economy and their household income appear to be weighing on housing growth, according to Fannie Mae’s May 2014 National Housing Survey.
Economy Watch: U.S. Economy Adds 217,000 Jobs in May
The Bureau of Labor Statistics reported that the economy added a net of 217,000 jobs in May, which wasn’t quite as much as in April, but still a reasonably healthy number.
Economy Watch: Private Sector Hiring Slows, Says ADP
The economy created a lot of jobs in April, and the question now is whether the upsurge will continue in May.
Economy Watch: Residential Price Increases Continue Deceleration
An indication that home-price increases are slowing down (or, to look at it positively, there’s no new housing bubble): CoreLogic reported that home prices nationwide, including distressed sales, increased 10.5 percent in April compared to the same month in 2013.
‘Economy Watch’ Podcast with Dees Stribling: GDP Dipped
GDP dipped, but the decline might not last.
Economy Watch: Construction Spending Advances in April
The Census Bureau reported that U.S. construction spending during April, both public and private, came in at an annualized rate of $953.5 billion, or 0.2 percent above the March rate.
Economy Watch: Consumer Income Up, Spending Down
The Bureau of Economic Analysis reported that Americans’ personal income increased $43.7 billion, or 0.3 percent, in April compared with March.
Economy Watch: GDP Contracts in Q1
By Dees Stribling, Contributing Editor Real U.S. gross domestic product decreased at an annualized rate of 1 percent in the first quarter, according to the Bureau of Economic Analysis’ second estimate on the metric, which was released on Thursday. In the fourth quarter of 2013, real GDP increased 2.6 percent. The second estimate is based on more complete source data than the “advance” estimate last month, which found that real GDP increased 0.1 percent. The new estimate reflected a downward revision in private inventory investment and an upward revision to imports (a subtraction from GDP) that were partly offset by…
The Multi-Housing Industry Directory
MHN presents the inaugural edition of The Multi-Housing Industry Directory.