Dees Stribling
Economy Watch: Bankruptcy Rates Lowest in Years
The number of bankruptcy filings during 2016 was the lowest for any calendar year since 2006—another indicator that the economy has mostly recovered since the recession.
Economy Watch: Wage Increases Slow in December
Although it looked like U.S. workers would enjoy better wages toward the end of 2016, a recent Bureau of Labor Statistics report shows lower growth than expected.
Economy Watch: Economy Creates 227K Jobs in January
The year is off to a reasonably good start in terms of employment, including those industries that drive commercial property absorption, the Bureau of Labor Statistics reported.
Economy Watch: Construction Spending Edges Down in December
Overall project spending took a small dip for the month, but is still up for the year for both residential and nonresidential construction.
Economy Watch: Online Shopping Robust, Expanding on Various Platforms
Today nearly as many people have made purchases through social media platforms as those that had done any kind of only shopping at the beginning of the 21st century, a Pew Research Center survey found.
Economy Watch: Income, Personal Spending See Uptick
Personal income was up 0.3 percent, or $50.2 billion, in December, according to the Bureau of Economic Analysis.
Economy Watch: Optimistic Reports About Economy Still the Norm
Both the Federal Reserve Bank of Philadelphia and the University of Michigan reported that continually strong economic conditions have consumers feeling confident.
Economy Watch: US GDP Growth Tepid in Q4
Following a third-quarter surge of 3.5 percent, US GDP growth was just 1.9 percent at the end of 2016, the Bureau of Economic Analysis reported.
Economy Watch: State Unemployment Rates Still Stable
Unemployment rates were significantly lower in December in 10 states, higher in only one and stable in 39 states and D.C., the Bureau of Labor Statistics reported.
Economy Watch: Millennial Impact on Urban Markets Could Fade Soon
Professor Dowell Myers of the University of Southern California argues that U.S. cities reached “peak Millennial” status in 2015.