March 22, 2024 | Eye On Housing

State Level Employment Situation: February 2024

Danushka Nanayakkara-SkillingtonMarch 22, 2024January 15, 202504 mins

Nonfarm payroll employment increased in 43 states and the District of Columbia in February compared to the previous month, while seven states saw a decrease. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 275,000 in February, following a gain of 229,000 jobs in January . On a month-over-month basis,…

Which Local Markets Track National Trends the Most: Multifamily Focus

Jesse WadeMarch 22, 2024April 23, 202506 mins

After examining trends in single-family permits, we now turn our attention to multifamily permits to continue our exploration of correlations in housing permit data. Using multifamily permits from 2012-2022, five-year and ten-year correlations are used to create an association index for each Metropolitan Statistical Area (MSA) that describes how similar, or dissimilar, particular MSAs are…