Economy Watch *DO NOT USE*
Economy Watch: Demand for Construction Workers Rises
Skilled labor is particularly in demand, and the sector’s unemployment rate was the lowest national March rate on record. Price increases for materials pose the greatest threat to the continued growth of construction activity.
Economy Watch: Construction Spending Edges Down in March
Construction in the commercial sector slipped 2.3 percent from the previous month, but the silver lining is a 8.1 percent gain compared to March 2017, the Census Bureau reported.
Economy Watch Weekly: Economic Growth to Slow in 2019
The global economic growth has become broader and stronger, according to the latest report by the International Monetary Fund. Economy Editor Dees Stribling analyzes the report, for the week ending April 27, 2018.
Economy Watch: GDP Growth Slower in Q1
Real U.S. GDP increased 2.3 percent in the first quarter of 2018, according to the Bureau of Economic Analysis’ first estimate, coming in less than the 2.9 percent growth achieved in the previous quarter.
Economy Watch: The Economic Impact of Google’s Data Centers
In 2016, Google data centers generated $1.3 billion in economic activity and 11,000 jobs throughout the U.S, according to a recent Oxford Economics report.
Economy Watch: IMF Predicts More Growth in 2018, Less Next Year
Advanced economies, including the U.S., will continue to expand above their potential growth rates this year, the International Monetary Fund’s latest World Economic Outlook, which will likely support robust real estate markets in 2018.
Economy Watch Weekly: Retail Sales Enjoy Solid March
Total U.S. retail sales rebounded in March after two straight months of decline, the Census Bureau reported. Economy Editor Dees Stribling discusses the winning and losing retail categories, for the week ending April 20, 2018.
Economy Watch: Most States Reaching Full Employment
Unemployment rates were stable in 45 states and D.C. in March, the Bureau of Labor Statistics recently reported.
Economy Watch: Demand for Industrial Space Reaches New Heights
U.S. industrial property vacancies are at their lowest levels on record, and demand for space is expected to remain healthy throughout 2018, according to Ten-X’s latest U.S. Industrial Market Outlook.
Economy Watch Weekly: Which Cities Offer Highest Quality of Life?
Economy Editor Dees Stribling discusses the cities that topped U.S. News & World Report’s annual ranking of the Best Places to Live, for the week ending April 13, 2018.