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  • Employment/Labor

Job Growth Continues to be Strong Across Most States at the Start of 2024

Danushka Nanayakkara-Skillington March 11, 2024January 15, 2025 1

Nonfarm payroll employment increased in 42 states and the District of Columbia in January compared to the previous month, while eight states saw a decrease. According to the Bureau of…

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  • Finance

Mortgage Activity Jumps after Falling for Three Consecutive Weeks

Jesse Wade March 7, 2024May 7, 2024 1

Per the Mortgage Bankers Association’s (MBA) survey through the week ending March 1st, total mortgage activity increased 9.7% from the previous week, and the average 30-year fixed-rate mortgage (FRM) rate…

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  • Construction Statistics

Single-Family Production Shows Signs of Stirring Across the Nation

Jesse Wade March 5, 2024May 7, 2024 1

Led by larger urban metro markets, single-family growth rates are showing signs of a turnaround as moderating mortgage rates and a lack of existing inventory are contributing to a gradual…

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  • Multifamily

Multifamily Absorption Rates Fall for Third Quarter Completions; Share of Subsidized Units Rose in 2022

Jesse Wade February 28, 2024May 30, 2024 1

The Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA) estimates that 57% of 85,530 unsubsidized, unfurnished apartments completed in the third quarter of…

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  • Home Sales and Prices

Existing Home Sales Jump in January

Fan-Yu Kuo February 23, 2024June 20, 2024 1

Following a cycle low in December, existing home sales rose to a 5-month high to start the year, according to the National Association of Realtors (NAR). Low resale inventory and…

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  • Employment/Labor

Job Growth Surges in January

Jing Fu February 2, 2024May 7, 2024 4

The U.S. economy entered the new year with a strong gain in payroll employment and an unchanged unemployment rate. Job gains in November and December were much stronger than initially…

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  • Employment/Labor

Employment Situation in December: State-Level Analysis

Danushka Nanayakkara-Skillington January 23, 2024June 20, 2024 1

Nonfarm payroll employment increased in 39 states and the District of Columbia in December compared to the previous month, while 11 states saw a decrease. According to the Bureau of…

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