Tag Archive for ‘state and local markets’

Housing Permits Started 2020 Strong

Over the first month of 2020 – and prior to the impact of the coronavirus, the total number of single-family permits issued year-to-date (YTD) nationwide reached 70,386. On a year-over-year (YoY) basis, this is a 21.2% increase over the January 2019 level of 58,086. Year-to-date ending in January, single-family and multifamily permits reported growth across the country. Northeast led in… Read More ›

Sluggish Rebound in Single-Family Permits in December

Over the year 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 854,158. On a year-over-year (YoY) basis, this is a 0.2% increase over the December 2018 level of 852,856.   Year-to-date ending in December, single-family permits reported declines in three regions and an increase in the South. The Northeast reported the steepest decline by 6.8%. The… Read More ›

Texas Led GDP Growth in the Third Quarter of 2019

Real gross domestic product (GDP) increased in 49 states and the District of Columbia, in the third quarter 2019 compared to the previous quarter. Delaware recorded no change during this time. The U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 4.0% in Texas to 0.4% in Hawaii. Nationwide,… Read More ›

Texas Leads Job Gains in December

Year-over-year (YoY), total nonfarm employment increased by 2.1 million jobs on a seasonally adjusted basis (SA), or 1.4% from December 2018 to December 2019. During this time, total nonfarm employment in the Western region increased by 2.0%. The South, Northeast, and Midwest recorded gains at 1.8%, 0.9% and 0.5% respectively, during this time. According to the Bureau of Labor Statistics,… Read More ›

Slow Rebound in Single-Family Permits in November

Over the first eleven months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 791,452. On a year-over-year (YoY) basis, this is a 1.0% decline over the November 2018 level of 799,679.   Year-to-date ending in November, single-family permits reported declines in three regions and a slight increase in the South. The Northeast reported the steepest… Read More ›

Regional Data on Single-Family Permits in October

Over the first ten months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 727,301. On a year-over-year (YoY) basis, this is a 1.6% decline over the October 2018 level of 739,120. Year-to-date ending in October, single-family permits reported declines in three regions and a slight increase in the South. The Northeast reported the steepest decline… Read More ›

Texas Leads Job Gains in October

Year-over-year (YoY), total nonfarm employment increased by 2.1 million jobs on a seasonally adjusted basis (SA), or 1.4% from October 2018 to October 2019. During this time, total nonfarm employment in the Western region increased by 1.9%. The South, Northeast, and Midwest recorded gains at 1.7%, 0.9% and 0.6% respectively, during this time. According to the Bureau of Labor Statistics,… Read More ›

Declines in Single-Family Permits Across the Country in September

Over the first nine months of 2019, the total number of single-family permits issued year-to-date (YTD) nationwide reached 647,244. On a year-over-year (YoY) basis, this is a 2.6% decline over the September 2018 level of 664,665. Year-to-date ending in September, single-family permits reported declines in all four regions. Midwest reported the steepest decline by 6.4%. The West, Northeast, the South,… Read More ›

Southwest Led GDP Growth in the Second Quarter of 2019

Real gross domestic product (GDP) increased in all 50 states and the District of Columbia, in the second quarter 2019 compared to the previous quarter. The U.S. Bureau of Economic Analysis reported the real GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 4.7% in Texas to 0.5% in Hawaii. Nationwide, real GDP growth increased to 2.0%… Read More ›

California Leads Job Gains in September

Total nonfarm employment, seasonally adjusted (SA) increased by 2.1 million jobs, year-over-year (YoY), or 1.4% from September 2018 to September 2019. During this time, total nonfarm employment in the Western region increased by 2.1%. The South, Northeast, and Midwest recorded gains at 1.8%, 0.9% and 0.7% respectively, during this time. According to the Bureau of Labor Statistics, nonfarm payroll employment… Read More ›