Congressional Budget Office

June Unemployment Figures Reveal Silver Lining

With 4.8 million jobs added in June, unemployment fell to 11.1 percent. A breakdown of metro- and state-level data, however, offers a more nuanced view.

The Debt, the Deficit and Commercial Real Estate

Concerns about the federal debt are taking a back seat in the COVID-19 crisis. Paul Fiorilla of Yardi Matrix offers a deep dive into the implications for commercial real estate finance.