Tag Archive for ‘state and local markets’

Northeast Region Posts Growth in Single-Family Permits in August

Over the first eight months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 576,798. On a year-over-year (YoY) basis, this is a 3.7% decline over the August 2018 level of 599,117. Year-to-date ending in August, single-family permits reported declines in three out of the four regions. Northeast was the only region to post a growth… Read More ›

California Leads Job Gains in August

Total nonfarm employment, seasonally adjusted (SA) increased by 2.1 million jobs, year-over-year (YoY), or 1.4% from August 2018 to August 2019. During this time, total nonfarm employment in the Western region increased by 2.1%. The South, Northeast, and Midwest recorded gains at 1.7%, 0.9% and 0.7% respectively, during this time. According to the Bureau of Labor Statistics, nonfarm payroll employment… Read More ›

Single-Family Permits Decline in July

Over the first seven months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 496,726. On a year-over-year (YoY) basis, this is a 4.7% decline over the July 2018 level of 521,438. Year-to-date ending in July, single-family permits reported declines in all four regions. The Midwest, Northeast, South, and the West declined by 8.7%, 1.6%, 2.8%,… Read More ›

Texas Leads Job Gains in July

Total nonfarm employment, seasonally adjusted (SA) increased by 2.2 million jobs, year-over-year (YoY), or 1.5% from July 2018 to July 2019. During this time, total nonfarm employment in the Western region increased by 2.1%. The South, Northeast, and Midwest recorded gains at 1.7%, 0.9% and 0.7% respectively, during this time. According to the Bureau of Labor Statistics, nonfarm payroll employment… Read More ›

Decline in Single-Family Permits Continues For The First Half of 2019

Over the first six months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 417,453. On a year-over-year (YoY) basis, this is a 6.1% decline over the June 2018 level of 444,600. Year-to-date ending in June, single-family permits reported declines in all four regions. The Midwest, Northeast, South, and the West declined by 9.8%, 3.0%, 3.7%,… Read More ›

California Leads Job Gains in June

Total nonfarm employment, seasonally adjusted (SA) increased by 2.3 million jobs, year-over-year (YoY), or 1.5% from June 2018 to June 2019. During this time, total nonfarm employment in the Western region increased by 2.0%. The South, Northeast, and Midwest recorded gains at 1.7%, 0.9% and 0.8% respectively, during this time. According to the Bureau of Labor Statistics, nonfarm payroll employment… Read More ›

Single-Family Permit Decline Continued in May

Over the first five months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 342,116. On a year-over-year (YoY) basis, this is a 5.8% decline over the May 2018 level of 363,327. Year-to-date ending in May, single-family permits reported declines in all four regions. The Midwest, West, South, and the Northeast declined by 10.6%, 11.0%, 2.8%,… Read More ›

Texas Leads Job Gains in May

Total nonfarm employment, seasonally adjusted (SA) increased by 2.4 million jobs, year-over-year (YoY), or 1.6% from May 2018 to May 2019. During this time, total nonfarm employment in the Western region increased by 2.0%. The South, Northeast, and Midwest recorded gains at 1.6%, 0.9% and 0.8% respectively, during this time. According to the Bureau of Labor Statistics, nonfarm payroll employment… Read More ›

Single-Family Permit Continues To Be Weak in April

Over the first four months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 261,119. On a year-over-year (YoY) basis, this is a 6.5% decline over the April 2018 level of 279,302. Year-to-date ending in April, single-family permits reported growth only in the Northeast region of the country. The South, Midwest, and the West regions declined… Read More ›

Housing and the Agriculture Industry in the Midwest

Housing markets in the Midwest have experienced weakness in recent quarters. For example, single-family permits posted a 3.6% decline in year-to-date data when comparing December 2018 level with December 2017 in the Midwest. Single-family permitting for the first four months of 2019 are down 11.3% in the Midwest when compared to the opening months of 2018. As of April, new… Read More ›