Bureau of Economic Analysis
Construction Labor Continues to be Highly Sought After
Average hourly earnings in construction increased 3.3 percent year-over-year to $30.45, 9.9 percent above the average for all private-sector employees.
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 Weekly: Chinese Investment in US CRE Dropped By Half in ’17
Which U.S. markets and property sectors were most impacted by the pullback in Chinese investment? Economy Editor Dees Stribling discusses the latest Cushman & Wakefield report on the topic, for the week ending March 30, 2018.
Economy Watch: Consumer Sentiment Hits 14-Year High
Despite some uncertainty about the impact of proposed trade tariffs, U.S. consumers were more optimistic in March, according to the University of Michigan’s latest report.
Economy Watch: GDP Grew Faster Than Previously Reported in 4Q
The Bureau of Economic Analysis’ final estimate for fourth-quarter 2017 GDP came in at an annualized rate of 2.9 percent, reflecting stable economic growth.
Economy Watch: Outdoor Recreation Has Surprising Economic Importance
A new Bureau of Economic Analysis report details a small but important sector of the economy that is adding value to real estate-related fields.
Economy Watch: US GDP Slows in 4Q
GDP growth was slower than in the second and third quarters of 2017, but still finished off the year above 2 percent.
Economy Watch Weekly: Year-End Travel Volume Hits New Record
In the last podcast of the year, Economy Editor Dees Stribling weighs in on the state of the U.S. economy and consumer behavior as we head into 2018.
Economy Watch: Retailers Likely Had Strong Holiday Season
While the data is still being complied, increases in consumer confidence and personal incomes are positive indications that retail sales were up this holiday season.
Economy Watch: GDP Up 3.2% in 3Q
U.S. real GDP growth improved a bit in the third quarter, indicating economic growth remains steady as we head into 2018.