
State-Level Employment Situation: May 2025
…at 0.4%, while Connecticut saw the biggest decline at 0.4% between April and May. Year-over-year ending in May, 1.7 million jobs have been added to the labor market, which is…
…at 0.4%, while Connecticut saw the biggest decline at 0.4% between April and May. Year-over-year ending in May, 1.7 million jobs have been added to the labor market, which is…
Reflecting most forecasters’ expectations for the June FOMC meeting, the Federal Reserve continued its post-2024 pause for federal funds rate cuts, retaining a target rate of 4.5% to 4.25%. The…
Single-family construction growth slowed substantially across all markets in the first quarter of 2025, according to the Home Building Geography Index (HBGI). Multifamily construction growth remained negative in the largest…
The percentage of new apartment units that were absorbed within three months after completion continued to trend lower, according to the Census Bureau’s latest release of the Survey of Market…
…April, 1.9 million jobs have been added to the labor market, which is a 1.2% increase compared to the April 2024 level. The range of job gains spanned from 800…
Despite the brief retreat in mortgage rates and increased supply, existing home sales dropped to 7-month low in April, according to the National Association of Realtors (NAR). This unexpected decline…
Despite solid income gains and lower home prices, Americans still continue to face major housing affordability challenges, according to the latest data from the National Association of Home Builders (NAHB)/Wells…