Economy Watch: Euro Zone Growth Stagnates in Q2
By Dees Stribling, Contributing Editor Eurostat, the statistics arm of the European Union, reported on Thursday that gross domestic product in the euro zone (the 18 nations that use the common...
View ArticleEconomy Watch: U.S. GDP Expands at 4.2 Percent Rate in Second Quarter
By Dees Stribling, Contributing Editor The Bureau of Economic Analysis reported its revised, or “second,” estimate for Q2 2014 real U.S. gross domestic product growth on Thursday, finding that GDP...
View ArticleEconomy Watch: Unemployment Ticks Up in Nearly Half the States
By Dees Stribling, Contributing Editor The Bureau of Labor Statistics reported on Friday that 24 states and the District of Columbia suffered unemployment rate increases in August compared with July,...
View ArticleEconomy Watch: More Homes Emerge From Negative Equity in 2Q
By Dees Stribling, Contributing Editor CoreLogic reported on Thursday that nearly 950,000 U.S. homes returned to positive equity in the second quarter of 2014, bringing the total number of mortgaged...
View ArticleEconomy Watch: Residential Price Increase Still Slowing
By Dees Stribling, Contributing Editor Trulia reported on Thursday that asking prices for U.S. residential properties rose 0.8 percent in September, up in 92 of the 100 largest metro markets. Still,...
View ArticleEconomy Watch: Cities Took it on the Chin During Recession
By Dees Stribling, Contributing Editor The Pew Charitable Trusts released a report on Tuesday that quantified how difficult the recession and post-recession years were for the 30 largest U.S. cities....
View ArticleEconomy Watch: State Unemployment Rates Edge Down
By Dees Stribling, Contributing Editor Unemployment rates decreased in 34 states and the District of Columbia in October compared with September, while five states suffered increases and 11 states had...
View ArticleEconomy Watch: November Job Gains Wide Across Industries
By Dees Stribling, Contributing Editor The November jobs report released by the Bureau of Labor Statistics on Friday, widely acknowledged as a very strong one, detailed increasing in hiring across...
View ArticleEconomy Watch: Retail Sales See Healthy Uptick
By Dees Stribling, Contributing Editor The Census Bureau reported on Thursday that U.S. retail and food services sales for November came in at $449.3 billion, an increase of 0.7 percent from the...
View ArticleEconomy Watch: Unemployment Lowest in Seven Years. Why CRE Is Watching Closely
By Dees Stribling, Contributing Editor Economists and other observers are gearing up for that time of the month again: the Bureau of Labor Statistics’ report on employment for the previous month. Last...
View ArticleEconomy Watch: Unemployment is Dropping. What That Means for Real Estate
By Dees Stribling, Contributing Editor Real estate markets are local, and few economic indicators are more important for the health of the market than localized unemployment numbers—MSA or statewide....
View ArticleEconomy Watch: What the Status of the Construction Industry Means for Real...
By Dees Stribling, Contributing Editor In keeping with the generally positive direction of the economy, the tenor of the construction industry is generally positive as well. That’s only fitting, since...
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