Over the first eight months of 2018, the total number of single-family permits issued year-to-date (YTD) nationwide reached 599,117. On a year-over-year basis, this is a 6.6% increase over the August 2017 level of 561,938. The preliminary results from the New Residential Construction Survey are similar, year-to-date single-family permits over the first eight months of 2018 was, 599,200 which is… Read More ›
Tag Archive for ‘state and local markets’
Southwest Region Led GDP Growth in the First Quarter of 2018
Real gross domestic product (GDP) increased in 48 states and the District of Columbia, declined in North Dakota and remained unchanged in Arkansas in the first quarter 2018 compared to the last quarter of 2017. U.S. Bureau of Economic Analysis reported the GDP growth rates, measured on a seasonally adjusted annual rate basis, ranged from 3.6% in Washington to a decline… Read More ›
Northeast and Midwest Lags in Job Gains in August
Over the year, total nonfarm employment in August increased by 2.3 million jobs which is a 1.6% increase compared to August 2017. During this time, total nonfarm employment in the Western region increased by 2.4% and the Southern region increased by 2.1%. The Midwest recorded the lowest gains at 1.3% during this time. According to the Bureau of Labor Statistics,… Read More ›
Western and Southern States Posts Single-Family Residential Permits Growth
Over the first seven months of 2018, the total number of single-family permits issued year-to-date (YTD) nationwide reached 521,438. On a year-over-year basis, this is a 7.0% increase over the July 2017 level of 487,495. The preliminary results from the New Residential Construction Survey are similar, year-to-date single-family permits over the first seven months of 2018 was, 522,200 which is… Read More ›
West Continue to Lead Job Gains in July
Over the year, total nonfarm employment in July increased by 2.4 million jobs which is a 1.6% increase compared to July 2017. During this time, total nonfarm employment in the Western region increased by 2.3% and the Southern region increased by 2.0%. The Midwest recorded the lowest gains at 1.3% during this time. In comparison, year-over-year ending in June, 2.37… Read More ›
West Leads Single-family Residential Permits Growth, Northeast, Midwest Declines
Over the first six months of 2018, the total number of single-family permits issued year-to-date (YTD) nationwide reached 444,600. On a year-over-year basis, this is a 6.3% increase over the June 2017 level of 418,128. The preliminary results from the New Residential Construction release are similar, year-to-date single-family permits over the first six months of 2018 was, 444,700 which is 6.6%… Read More ›
Western and Southern States Lead Job Gains in June
According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 39 states and decreased in 11 states and the District of Columbia in June 2018 compared to May 2018. Over the month of May, nonfarm payroll employment increased in 43 states and the District of Columbia, and decreased in seven states compared to April 2018. Nationwide, total nonfarm payroll employment… Read More ›
Western States Lead Single-family Residential Permits Growth, Northeast Lags
Over the first five months of 2018, the total number of single-family permits issued year-to-date (YTD) nationwide reached 363,327. On a year-over-year basis, this is an 8.0% increase over the May 2017 level of 336,410. The results from the SOC are similar, year-to-date single-family permits over the first five months of 2018 was, 363,700 which is 8.6% ahead of its… Read More ›
More State Economies Grew In 2017, Led By the West and the South
Real gross domestic product (GDP) increased in 47 states and the District of Columbia and declined in three states in 2017 compared to 2016, according to the U.S. Bureau of Economic Analysis. In 2016, 40 states and the District of Columbia recorded growth in GDP while ten states experienced a decline in GDP. As a result, nationwide growth in GDP, measured… Read More ›
More States See Job Gains in May
According to the Bureau of Labor Statistics, nonfarm payroll employment increased in 43 states and the District of Columbia, and decreased in seven states in May 2018 compared to April 2018. Over the month of April, nonfarm payroll employment increased in 26 states and the District of Columbia, was unchanged in two states, and decreased in 22 states compared to… Read More ›