Dees Stribling
Economy Watch: Job Creation Slows Down in April
The latest Bureau of Labor Statistics report revealed a lower number of jobs created this month than in March, but there was some good news about wages.
Economy Watch: Construction Spending Edges Up in March
The Census Bureau revealed that overall construction spending increased slightly last month, with some commercial sectors faring better than others.
Economy Watch: Lending Standards for CRE Tighten in Q1
The Fed’s latest bank lending practices survey found most banks have tightened their standards on CRE loans in the first quarter, even though demand for these loans has strengthened at the same time.
Economy Watch: Minimal Consumer Spending Growth Signals Less Confidence
April ended with only minimal growth in consumer spending as their expectations for future economic growth weakened.
Economy Watch: GDP Sluggish in the First Quarter
The BEA reported that U.S. GDP increased just 0.5 percent in 1Q 2016, largely due to a decline in nonresidential fixed investment and a decline in consumer spending.
Economy Watch: FOMC Holds Rates Again
Unsurprisingly, the Federal Open Market Committee again decided against raising interest rates, but for a different reason than the one given in March.
Economy Watch: Apartment Market Softens Slightly
The NMHC’s April 2016 apartment market survey shows consumer demand for apartments decline this quarter, while property sales volume went up.
Economy Watch: ABA Bullish on CRE Lending
Eight in 10 banks plan to increase their CRE concentrations in 2016, according to the American Bankers Association’s first-ever Commercial Real Estate Survey,
Economy Watch: More Mixed Messages on U.S. Economy
Recent reports on job creation and consumer confidence are sending mixed signals about the health of the U.S. economy.
Economy Watch: Growth Continues to Plod Along, Says Beige Book
Two recent federal reports show overall continued, albeit sluggish, economic growth, including in the commercial and residential real estate industries.