Dees Stribling
Economy Watch: Most State Unemployment Rates Hold Steady
Unemployment rates stayed the same in September for 42 states and D.C., which could be a sign of a steady recovery or an employment market stuck in neutral.
Economy Watch: Apartment Sector Slows in 3Q
All four of the indexes in NMHC’s recent quarterly survey were down, largely because the growing supply of high-end apartments is finally starting to slow rent growth.
Economy Watch: U.S. Industrial Production Ekes Out Gain
A recent Federal Reserve report revealed modestly good news for industrial real estate, especially for those properties handling U.S.-produced goods slated for export.
Economy Watch: Retail Sales Bounce Back in September
Both physical and nonstore retail sales are up for the year, with e-commerce continuing its decade-long pattern of growth.
Economy Watch: Fed Divided on Interest Rates
The FOMC once again decided against a rate hike in September, with uncertainty that there will be any rate increase by the end of this year.
Economy Watch: Retail Sales Promise Holiday Cheer
Consumer confidence could boost sales a higher-than-average 3.6 percent in November and December.
Economy Watch: Construction Employment Rebounds
Job growth in residential construction was robust for the month of September, according to an Associated Builders and Contractors report.
Economy Watch: Job Growth Plods Along
Professional and business services added 67,000 jobs last month, good news for the office market. Retail posted more modest gains.
Economy Watch: IMF Lowers Growth Outlook
The organization projects that the world’s advanced economies will expand just 1.6 percent, down from the 1.8 percent IMF forecast in July.
Economy Watch: Residential Bubbles on the Horizon?
A UBS report says yes, although U.S. metros are less at risk than major cities abroad.