D.C. Stribling
Economy Watch: Inflation Heats Up in May
The price of gasoline and shelter continue to contribute to the increase in the all items index in May, which ticked up by 0.2 percent.
Economy Watch: Gig Economy Might Not be as Large as Believed
A new Bureau of Labor Statistics report casts some doubt on the size and growth trajectory of contingent jobs, which might have implications for the U.S. office market.
Economy Watch: More Buildings Enter Planning Stage in May
Sixteen projects each with a value of $100 million or more entered planning in May, up from 12 developments in April, according to the latest Dodge Data & Analytics report.
Economy Watch: Technology, Taxes to Significantly Impact Economy
The real estate executives Akerman interviewed were split almost equally behind two major elements they say will define the trajectory of U.S. commercial real estate over the next three years.
Economy Watch: U.S. Economy Has More Job Openings Than Unemployed
In April, vacancies increased in durable goods manufacturing (up 33,000) and information (up 26,000), but decreased in finance and insurance (down 84,000).
Economy Watch: Business Economists Expect Slowdown
The next recession will likely occur sometime between the fourth quarter of 2019 and the second quarter of 2020, according to the latest NABE survey.
Economy Watch: Construction Spending Gains Ground
April saw a 1.8 percent month-over-month increase in construction spending, at an annualized rate of more than $1.3 trillion, according to the U.S. Census Bureau.
Economy Watch: Employment Up by 223K Jobs in May
Job creation for the month beat the average of the previous 12 months and was a major increase from April’s employment numbers, according to the Bureau of Labor Statistics latest jobs report.
Economy Watch: Beige Book Notes Strong Economy, Labor Shortage
Many firms are responding to talent shortages by increasing wages, but only at a modest pace, according to the Federal Reserve’s latest Beige Book.
Economy Watch: Consumer Confidence Bounces Back in May
An increase in The Conference Board’s Consumer Confidence Index in May suggests that the level of economic growth in the second quarter should improve from the first quarter, supported by solid consumer spending.