United States Census Bureau
Economy Watch: E-Commerce Sales Impacting Certain Retail Sectors
While internet sales have been steadily increasing each year and each month, they are only generating significant volume in sectors like apparel and electronics, according to a new CBRE report. E-commerce has yet to gain as much traction in other retail areas.
Economy Watch Weekly: Interest Rates Rise While Retail Sales Dip
In a unanimous vote, the Federal Reserve decided to raise interest rates for the second time in 2017, indicating their optimism about the U.S. economy and the ability to handle more expensive real estate financing. But some sectors, such as retail, aren’t performing as well as others in recent months. Economy Editor Dees Stribling has the latest.
Economy Watch: Retail Sales Dip in May
By Dees Stribling U.S. retail and food service sales dropped 0.3 percent in May compared with April, the Census Bureau reported on Wednesday. That’s the weakest monthly report for retail sales in more than a year and a half. Compared with the same month last year, however, retail sales were still up by 3.8 percent. As usual, some retail categories fared better than others. A handful of categories experienced month-over-month sales gains in May, such as furniture, up 0.4 percent, and apparel, up 0.3 percent. Grocery stores, as well as health and personal care stores, both eked out 0.1 percent…
Economy Watch: Jobs, GDP Still Expanding
Automated Data Processing and the Federal Reserve Bank recently released reports indicating strong economic growth is continuing in the U.S.
Atlanta, Nashville Gain as Workers Flock to the Southeast
Southeast markets claimed eight of the top 10 positions in the Bureau of Labor Statistics February job growth rankings. Yardi Matrix Analyst Justin Dean takes a deeper look into why these markets are attractive for workers right now.
Economy Watch: Driven by Residential, Construction Spending Enjoys February Gain
Both private and public spending were up for the month and from the same time last year, according to the Census Bureau’s latest report.
Economy Watch: More Than One-Third of Millennials Live with Parents
Less household formation among Millennials could have a ripple effect on certain real estate segments, particularly multifamily and retail, according to a recent Abodo report.
Economy Watch Weekly: Which Retail Categories Suffered in February?
Economy Editor Dees Stribling breaks down the retail sales numbers for February, with some sectors taking a bigger hit than others, for the week ending March 17, 2017.
Economy Watch: Retail Sales Edge Up in February
Electronics and appliance retailers took the biggest hit in February, as seen by the recent bankruptcy of electronics retailer HH Gregg.
Economy Watch Weekly: GDP, Construction Spending Take a Hit
Ahead of the latest employment numbers, Economy Editor Dees Stribling weighs in on two economic indicators impacting the commercial real estate industry, for the week ending March 3, 2017.
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