Dees Stribling
Economy Watch: E-Commerce Enjoys Robust Sales on Black Friday
Online sales reached a record $3.3 billion this Black Friday, with more than one third of sales involving mobile platforms.
Economy Watch: Senior Housing Enjoys Strong Returns, But Also A Few Jitters
The senior housing sector continues to outperform other asset classes, despite decreased investor interest in the property type in the first half of 2016.
Economy Watch: Thanksgiving Travel Busiest Since Before 2008
Travel for the holidays has recovered to pre-recession levels, providing some good news for the hospitality and other travel-dependent real estate sectors.
Economy Watch: Economic Growth Improved in October, Says Chicago Fed
The Chicago Fed’s National Activity Index increased last month, following other recent data about the strength of the U.S. economy.
Economy Watch: States Enjoy Stable Unemployment Rates in October
The Bureau of Labor Statistics’ latest data on employment could potentially contribute to the Fed’s decision to raise interest rates or leave them as is next month.
Economy Watch: Interest Rates Likely Headed for a Hike
Federal Reserve Chair Janet Yellen recently spoke of some positive U.S. economic metrics, suggesting an interest rate increase is a strong possibility in December.
Economy Watch: Retail Sales Robust in October
The retail industry saw a 0.8 percent increase in sales this October, revealing that consumers are certainly out spending, according to the Census Bureau.
Economy Watch: Consumers More Confident in Early November
The University of Michigan’s Consumer Sentiment Index climbed to its highest level since mid-2016, but this was before the results of the presidential election were known.
Economy Watch: Restaurant Chains Suffer From Declining Traffic
Growth for the restaurant industry has not been particularly robust lately, with same-store sales down for the fourth consecutive month.
Economy Watch: The Election and the Markets
There was one overriding theme about the U.S. economy as the election results came in: uncertainty.