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State Employment Performance — March 2019
Job growth at the state level churned along with only one state, Rhode Island, posting a decline, dropping a minimal 0.20 percent in the 12-months ending March 2019. The table below shows all 50...
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Metropolitan Statistical Area & Division Job Growth — March 2019
Just like a recipe in the kitchen, adding jobs, mixing in wage increases while monitoring inflation gives a pretty good idea of the end results. Jobs are everything to an economy. As usual, I invoke...
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State Job Growth June 2019
Jobs are everything to the economy. Period. Just one state, Louisiana, posted a decline in the total number of jobs year-over-year, down a miniscule 0.07 percent with a loss of 1,300 net jobs....
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Another Top-10 List– States With the Greatest Student Debt
The average annual cost to attend a private nonprofit college averaged $45,510 in the 2018-2019 academic year. This compared to an inflation-adjusted $24,800 in the 1988-1989 academic year. After...
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MSA % Divisions Employment – June 2019
The U.S. just entered the longest economic expansion in history having grown 121 months. Job growth nationwide was 1.54 percent in the 12 months ending June 2019 compared to a 1.43 percent annual...
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U.S. Employment Performance July 2019
The economy added 164,000 net new jobs in July 2019 (preliminary) short of the expectation of 171,000 new jobs by economists polled by MarketWatch. Job growth was at 1.51 percent compared to the...
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State Employment Performance — July 2019
Jobs are everything to an economy. Period. The following table shows the percentage change in jobs in the 12-months ending July 2019 as reported by the U.S. Bureau of Labor Statistics. These...
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Metropolitan Statistical Areas and Divisions Job Growth — July 2019
Jobs are everything to an economy. Period. The following table shows the percentage change in jobs in the 12-months ending July 2019 as reported by the U.S. Bureau of Labor Statistics for the 40...
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U.S. Employment Performance August 2019
The U.S. added 130,000 net new jobs in August 2019 on a seasonally adjusted basis (preliminary) averaging 172,800 new jobs monthly in the prior 12-months and 158,000 per month year-to-date. The...
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Some are Hot and Others Not, But All are Positive — State Employment Growth...
All 50-states and the District of Columbia posted a net increase in the total number of jobs in the 12-months ending August 2019. The following table shows the percentage gain in net new jobs. The...
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Some are Hot and Some are Not — MSA & Division Job Growth September 2019
Jobs are everything to the economy and ultimately to the demand for real estate. The level of growth varies both geographically and across time. High level of job growth (both in the number and...
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Another Top-10 List — Poorest Metros in the U.S. 2018
While a rising tide may lift all boats, the same is not true for a good economy bolstering all the local markets across the country. Good news is that U.S. median household income rose by 0.8 percent...
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U.S. Added 128,000 Net New Jobs in October 2019, 2.1 Million in the Prior...
A net 2.1 million new jobs were created in the 12-months ending October 2019 according to the U.S. Bureau of Labor Statistics, growing at a 1.4 percent compound rate, identical to the average annual...
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State Employment Performance: Three States Now Sinking in the Swamp —...
Jobs are everything to the economy. Period. Job growth, however, varies significantly across time and geographic locations. As usual, I invoke the TINSTAANREM axiom — There Is No Such Thing As A...
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MSA & Division Job Growth Rates – November 2019
Jobs are everything. Period. As history continues to demonstrate, job growth at any point in time is neither systemic nor consistent across the country. The TINSTAANREM axiom — There Is No Such Thing...
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U.S. Jobs Report December 2019 — Who Knew Average Would Look So Good?
The statement, “Jobs are everything to an economy – Period,” is my top axiom regarding the economy. Jobs drive the ultimate demand for all types of real estate since they are essential to effective...
View ArticleWhat People Do for a Living — U.S. SuperSector Analysis
Whenever I travel across the country, wanting to know what people in each locale do for a living is a constant. Answering the question of what type of work people do defines a community from an...
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Pandemic & Seismic Event Impact on the Economy, Housing and Commercial Real...
The Federal Reserve yesterday, based on concerns of the potential of pandemic, cut their targeted Fed Funds Rate (the rate that one bank borrowers over-night reserves and funds from another bank) by 50...
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Coronavirus-Driven Job Apocalypse by State — April 2020
Jobs are everything to the economy. Period. The never-before-seen shut down of the U.S. economy has resulted in the greatest number of unemployed people in the history of the country. Prior to...
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Apocalyptic MSA & Division Job Losses: The Bad and the Ugly (There is No...
Each and every Metropolitan Statistical Area (MSA) and Division lost jobs in April 2020 from the month prior as the economic shutdown due to the Coronavirus dramatically slowed the U.S. economy based...
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