Eye On Housing
Author Archives
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Larger Job Gains Across Fewer States in April
According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 26 states and the District of Columbia, was unchanged in two states, and decreased in 22 states in April 2018 compared to March 2018. Over the month of March, jobs rose across 34 states, but declined in seven, with nine states flat. Although job growth was more geographically… Read More ›
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Western and Some Southern States Lead Residential Permit Growth
Over the first quarter of 2018, the total number of single-family permits issued nationwide reached 199,861. On a year-over-year basis, this is a 6.0% increase over the March 2017 level of 188,593. The results from the SOC are similar, single-family permits over the third month of 2018 was, 198,600 which is 5.3% ahead of its level over the same period… Read More ›
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Job Growth Strongest Across States in the West and the South
According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 40 states and the District of Columbia, and decreased in 10 states in March 2018 compared to February 2018. Year-over-year, 48 states and the District of Columbia increased in employment while two states, Alaska and North Dakota lost payroll employment during this time. However, the gains across most… Read More ›
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Most States Record YTD SF Permits Growth in February 2018
Over the first two months of 2018, the total number of single-family permits issued nationwide reached 123,871. On a year-over-year basis, this is an 11.2% increase over the February 2017 level of 111,356. The results from the SOC are similar, single-family permits over the second month of 2018 was, 122,800 which is 10.2% ahead of its level over the same… Read More ›
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Strong Employment Growth Across Most States in February 2018
According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 43 states and the District of Columbia, unchanged in Wyoming, and decreased in six states in February 2018 compared to January 2018. Year-over-year, 46 states and the District of Columbia increased in employment while three states, Alaska, North Dakota, and Delaware, lost payroll employment during this time. Louisiana… Read More ›
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GDP Grew In Every State in the Third Quarter Of 2017
Real gross domestic product (GDP) increased in every state and the District of Columbia in the third quarter of 2017, according to the U.S. Bureau of Economic Analysis. Thirty-one states and the District of Columbia recorded growth in the third quarter compared to the second quarter while 17 states reported a decline in this time period. Two states, Tennessee, and Utah… Read More ›
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Permits Rise in January 2018
Over the first month of 2018, the total number of single-family permits issued nationwide reached 61,767. On a year-over-year basis, this is a 15.1% increase over the January 2017 level of 53,648. The results from the SOC are similar, single-family permits over the first month of 2018 was, 61,100 which is 14.0% ahead of its level over the same period… Read More ›
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Core Inflation Remains Steady
Consumer prices, measured by the Bureau of Labor Statistics’ (BLS) Consumer Price Index – All Urban Consumer (CPI), rose by 0.2 percent in February after the CPI posted its biggest gain in four years of 0.5 percent in January. Energy price growth slowed over the month to 0.1 percent, from 3.0 percent in January. Meanwhile, core inflation, which excludes the more volatile… Read More ›
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Permits Grow Across Most States Over 2017
Over the twelve months ending in December 2017, the total number of single-family permits issued nationwide reached 817,319. This is 9.6% ahead of its level over the first twelve months of 2016, 745,525. The results from the SOC are similar, single-family permits over the first twelve months of 2017, 817,700 are 8.9% ahead of their level over the same period… Read More ›
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Employment Rose in Most States in December 2017
According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 33 states and the District of Columbia, unchanged in two states, and decreased in 15 states in December 2017 compared to November 2017. Year-over-year, 49 states increased employment while two states lost payroll employment during this time. As a result payroll employment nationwide rose in December. The largest… Read More ›