{"id":1004240996,"date":"2018-07-09T05:29:40","date_gmt":"2018-07-09T13:29:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004240996"},"modified":"2022-12-08T00:04:03","modified_gmt":"2022-12-08T08:04:03","slug":"economy-watch-weekly-2018-sees-declining-unemployment-strong-prospects","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/economy-watch-weekly-2018-sees-declining-unemployment-strong-prospects\/","title":{"rendered":"Economy Watch Weekly: Declining Unemployment, Strong Prospects Define 2018"},"content":{"rendered":"
\"\"<\/a>

Listen to the podcast above.<\/p><\/div>\n

Unemployment rates were lower in May 2018<\/a> than a year earlier in 350 of the 388 U.S. metropolitan areas, higher in only 20 areas and unchanged in 18 areas, the Bureau of Labor Statistics reported on Wednesday, June 27. <\/p>\n

According to the Associated Builders and Contractors\u2019 Construction Confidence Index, contractors were quite optimistic during the first quarter of 2018, despite labor shortages and rising interest rates<\/a>, and emerging concerns about a trade war and construction materials prices. Economy Editor Dees Stribling gives a breakdown of these two topics, for the week ending June 29, 2018. <\/p>\n","protected":false},"excerpt":{"rendered":"

Unemployment rates in May 2018 were lower than a year earlier. Despite labor shortages and rising interest rates, contractors were optimistic in the first quarter of 2018. Economy Editor Dees Stribling gives a breakdown of this topic, for the week ending June 29, 2018.\u00a0<\/p>\n","protected":false},"author":240,"featured_media":1004127908,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"audio","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23891,21742,21795],"tags":[32766,35831,32767],"class_list":["post-1004240996","post","type-post","status-publish","format-audio","has-post-thumbnail","hentry","category-national","category-latest","category-podcasts","tag-bureau-of-labor-statistics","tag-construction-spending","tag-unemployment-rate","post_format-post-format-audio"],"acf":[],"yoast_head":"\nEconomy Watch Weekly: Declining Unemployment, Strong Prospects Define 2018 - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/economy-watch-weekly-2018-sees-declining-unemployment-strong-prospects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economy Watch Weekly: Declining Unemployment, Strong Prospects Define 2018\" \/>\n<meta property=\"og:description\" content=\"Unemployment rates in May 2018 were lower than a year earlier. Despite labor shortages and rising interest rates, contractors were optimistic in the first quarter of 2018. 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