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Category Archives: Weekly Market Insight
Weekly Market Insight – “State Payroll Employment”
Percent Change, April 2011 – April 2012 Mining and logging jobs in the U.S. expanded by a chart-topping 9.0 percent over the past 12 months, fueled by oil and gas exploration, and the five fastest growing states over this period … Continue reading
Weekly Market Insight :: U.S. Homeownership Rate
By Quarter The U.S. homeownership rate slipped to 65.4 percent in the first quarter of 2012, its lowest level since the first quarter of 1997. The falling homeownership rate is weighing down the for-sale housing market and boosting the rental … Continue reading
Weekly Market Insight • Market Value of Good Farmland
% Change from Year Ago The land sales market has been slow with the notable exception of agricultural land, where prices have been booming in the central U.S. On a year-over-year basis, prices for good, irrigated farmland are up by … Continue reading
Weekly Market Insight – “Monthly Retail Job Change”
Seasonally Adjusted The March jobs report from the Bureau of Labor Statistics revealed that employers added an anemic 120,000 net new payroll jobs last month, well below the monthly average of 246,000 over the prior three months. There are several … Continue reading
Posted in Weekly Market Insight
Tagged Atlanta, Bob Bach, Commercial Real Estate, CRE, Grubb & Ellis, Jobs, Labor Statistics, Retail
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Great Dane opens plant in Statesboro, 400 jobs expected
by Carla Caldwell Great Dane opened a new plant in Statesboro, Ga., Wednesday that will manufacture refrigerated trailers and is expected to employ more than 400 people, reports Savannah Morning News. The Chicago-headquartered company’s new plant encompasses 450,000 square feet, … Continue reading
Weekly Market Insight
Unemployment Rates One indicator receiving more scrutiny in an election year is the U-6 rate, a measure of slack in the labor market that includes persons who are officially unemployed (the U-3 rate), plus persons marginally attached to the labor … Continue reading
Weekly Market Insight
Average Price Per Gallon of Regular Gas The price of gasoline has been in the spotlight recently, rising by $0.34 since late December to an average of $3.52 per gallon of regular. This is well short of the recent peak … Continue reading
Weekly Market Insight
Total Consumer Credit Excluding Mortgages, Seasonally Adjusted The amount of consumer credit outstanding rose sharply in November and December by annualized rates of 9.9 and 9.3 percent, respectively. Consumer credit has two main components: nonrevolving credit, which includes loans for … Continue reading
Weekly Market Insight
Average Weekly Hours of All Manufacturing Employees One of the many bright spots in last Friday’s employment report from the Bureau of Labor Statistics was the manufacturing sector, which added 50,000 net new payroll jobs in January. This was the … Continue reading
Weekly Market Insight
Labor Market Recovery Rates Grubb & Ellis examined metropolitan areas with populations of 1 million or more to determine their labor market recovery rates – the percentage of jobs lost to the recession in each market that has been recovered … Continue reading