Bureau of Economic Analysis
Economy Watch Weekly: Consumers Earning, Spending More in 3Q
Personal income increases in October means consumers have more money to spend this holiday season, but what are early holiday sales reports indicating? Economy Editor Dees Stribling has the latest, for the week ending Dec. 1, 2017.
Economy Watch: 3Q GDP Revised Upward
The Bureau of Economic Analysis revised its estimate for real U.S. GDP growth for the third quarter, with increased economic growth in nonresidential fixed investment, including commercial real estate.
Economy Watch: GDP Growth Consistent in 3Q
Real GDP growth hit 3 percent in the third quarter, according to the Bureau of Economic Analysis, driven by increases in personal consumption expenditures, private inventory investment and other factors.
Economy Watch: Consumers Still Optimistic About U.S. Economy
During the first nine months of 2017, the University of Michigan’s sentiment index averaged 96.2, ahead of the 2016 and 2015 averages, making this year the highest recorded average since 2000.
Economy Watch: Most Metros Enjoyed Growth in ’16
The finance, insurance, real estate, rental and leasing industries contributed to GDP growth in 217 of the 382 metro areas recently examined by the Bureau of Economic Analysis.
Economy Watch: Investment in Non-Residential Structures Gains in Q2
By D.C. Stribling, Contributing Editor Investment in non-residential U.S. structures increased at a 5.2 percent annualized pace during the second quarter of 2017, the Bureau of Economic Analysis reported on Monday. That’s a marked change from early last year, when the pace of non-residential investment was dragged down due to a drop in petroleum exploration. Property type variation Investment in office properties increased during the second quarter, and is up 13 percent year-over-year. The pace of investment in that property type is almost as high as during the years before the recession, as a percent of GDP. As of the…
Economy Watch: Nonresidential Construction Activity Still Brisk
The continued expansion in nonresidential fixed investment signals that growth in business outlays supports the ongoing economic recovery, according to Associated Builders and Contractors.
Economy Watch: Americans Still Optimistic About State of the Economy
The University of Michigan’s Consumer Sentiment Index declined slightly in July, but this decrease was offset by favorable views about current economic conditions, which reached their highest level since July 2005.
Economy Watch Weekly: The Nation’s Aging Population
The median age of the U.S. population rose by more than two years from April 2000 to July 2016, according to recent Census Bureau estimates. Economy Editor Dees Stribling discusses the aging population’s impact on the real estate industry.
Economy Watch: U.S. GDP Edges Up in Q1
A 1.4 percent increase in U.S. real GDP for the first quarter of the year was down from the growth seen in the fourth quarter of 2016, according to the Bureau of Economic Analysis. But consumers remain confident about the state of the U.S. economy.
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