Consumer Spending
Economy Watch: More Americans Traveling for July 4 Than Ever
The hospitality sector and, to a lesser extent, the retail sector are set to benefit from record 44.2 million Americans expected to travel during the 2017 Independence Day holiday period, according to an AAA forecast.
Economy Watch Weekly: Memorial Day Travel Bump Reflects Industry’s Health
Recent reports from AAA and Airlines for America suggest that a boost in Memorial Day weekend travel and an expected increase in travel this summer reflect the overall positive growth of the industry, as consumers feel more confident in their ability to spend.
Economy Watch: US Economy Turns in Sluggish First Quarter
U.S. real GDP increased only 0.7 percent in the first quarter of 2017, compared with 2.1 percent in last year’s fourth quarter. Commercial real estate investment also took a hit as lenders likely were more cautious to start off the year.
Economy Watch Weekly: March’s Modest Job Growth
With the U.S. economy adding just 98,000 jobs in March and the unemployment rate declining to 4.5 percent, signs of tightening labor market seem apparent. But which sectors are facing the most challenges?
Economy Watch Weekly: How Record-Low Mover Rates Impact CRE
The U.S. experienced its lowest ever mover rate between 2015 and 2016. What does that mean for the commercial real estate industry? Economy Editor Dees Stribling weighs in, for the week ending Feb. 10, 2017.
Economy Watch: NRF Predicts Retail Sales Growth Around 4% This Year
Jobs and income gains as well as a relatively low debt environment will drive sales growth this year.
Economy Watch: Income, Personal Spending See Uptick
Personal income was up 0.3 percent, or $50.2 billion, in December, according to the Bureau of Economic Analysis.
Economy Watch: Holiday Sales Rise, Especially Online
More than one-fifth of all holiday spending this season was conducted online, a substantial increase from the same time a year before.
Economy Watch: Consumers End ’16 in Confident Mood
The University of Michigan’s Consumer Sentiment Index came in at its highest level since January 2004, which bodes well for retailers and retail landlords.
Economy Watch Weekly: Holiday Sales, Travel Hit Record High
An improvement in the economy and low gas prices were just a few of the factors driving record holiday travel and sales this November. Economy Editor Dees Stribling discusses the rest, for the week ending Nov. 25, 2016.
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