Anna Spiewak
Executive Demand
FPL finds growing hiring need, continued positive trajectory for compensation.
Economy Watch Weekly: A Platinum Coin Isn’t Going to Solve Our Financial Problems
CPE’s economic analyst, Dees Stribling, gives his update for the week ending Jan. 11.
Economy Watch: Fed Chairman to Congress: Pay Your Bills; Home Prices, Mortgage Delinquencies Rise
Fed chairman Bernanke spoke at the University of Michigan, noting modest improvement in the labor market and the importance of raising the debt ceiling. Home prices continue to grow. And mortgage delinquencies edge up.
Economy Watch: Trade Deficit Up; Gas Prices Down; Trillion-Dollar Coin Idea Nixed
The trade deficit for both goods and services was up in November. Gas prices are foreseen to decline in 2013. And the trillion-dollar coin idea has been tossed by the federal government.
Economy Watch: Retail Vacancies Edge Down; Flu Season to Impact Economy; Platinum Numismatics
The vacancy rate for regional malls declined 8.7 percent compared to the previous quarter. This year’s severe flu season is reported to have an impact on the economy and productivity. And the U.S. has produced a platinum coin that displays the highest value to ever appear on an American coin.
Aimbridge Hospitality Secures Management of 103 Former Jameson Hotels
Aimbridge Hospitality has has added 103 assets of former Jameson Inns, owned by Colony Capital.
Economy Watch: Consumers Borrow More for Schooling, Vehicles; Apartment Vacancies Dip; Vegas Residential Market Improves
Consumer borrowing rose at an annualized rate of 7 percent in November. U.S. apartment vacancy has declined by 20 basis points. And the total number of Vegas homes sold has gone up.
Economy Watch Weekly: The Fiscal Cliff’s Over, but Quarreling Isn’t
CPE’s economic analyst, Dees Stribling, gives his update for the week ending Jan. 4.
Economy Watch: Multibillion-Dollar Mortgage Settlements Unveiled; Office Vacancies Drop in 4Q; Green Street: CRE Prices Almost Back to ’07
Bank of America reached an $11.6 billion settlement with Fannie Mae, bringing the banking giant a step closer to putting the Countrywide mortgage shenanigans of the 2000s to rest. Office vacancies edge down in the fourth quarter. And Green Street reported that CRE prices are almost back to their highs of 2007.