Economy Watch *DO NOT USE*
Economy Watch: US Economic Growth Stable in 2018, To Dip in 2019
A slight pickup in consumer spending in March suggests there is still room for growth in the coming quarters, with corresponding boosts to GDP, according to the Fannie Mae Economic and Strategic Research Group’s May 2018 Economic and Housing Outlook.
Economy Watch: US Office Sector Enjoys Healthy First Quarter
Stable vacancy rates and continued restraint in new office development contributed to the sector’s strong performance in the first three months of the year, according to Transwestern’s latest national report.
Economy Watch Weekly: LIHTC-Financed Housing in High Demand
A new CohnReznick report explains why properties financed by the federal government’s Low-Income Housing Tax Credit program are performing so well. Economy Editor Dees Stribling has the full report, for the week ending May 11, 2018.
Economy Watch: Retail Sales Rise 0.3% in April
Sales were also up 4.7 percent from the same month a year ago, according to the latest Census Bureau report.
Economy Watch: Construction Materials Costs Rising Rapidly
April saw the largest month-over-month increase in construction materials prices in almost three years and the largest year-over-year increase since October 2011, according to a recent Associated Builders and Contractors report.
Economy Watch: Industrial Market Stays Tight, Despite New Product
The U.S. industrial market ended the first quarter of 2018 with a 5 percent vacancy rate overall, even though a significant amount of new construction was delivered, according to a new Avison Young report.
Economy Watch: Tech Advancement Requires More Employees, Not Fewer
Even as industries shift to more advanced, automated processes, companies still plan to increase their headcounts in the next two to three years, according to a recent ManpowerGroup report.
Economy Watch Weekly: April Job Growth Below Expectations
The U.S. economy did not create as many jobs as expected for the month, according the Bureau of Labor Statistics latest jobs report. Economy Editor Dees Stribling breaks down the numbers, for the week ending May 4, 2018.
Economy Watch: Number of Planned CRE Projects Jumped in April
Twelve projects each with a value of $100 million or more entered planning in April, up from six projects in March, according to the latest Dodge Data & Analytics report.
Economy Watch: Employment Gain More Modest in April
Employment gains in February and March combined were also 30,000 more than previously reported, according to the Bureau of Labor Statistics.