Tag Archive for ‘state and local markets’

Employment Situation in September: State-Level Analysis

Nonfarm payroll employment increased in 33 states and the District of Columbia in September compared to the previous month while 16 states lost jobs. Wisconsin recorded no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased at a slower rate by 194,000 in September, following an upwardly revised increase of 366,000 jobs in August. On… Read More ›

Top 20 Markets for Single-Family and Multifamily Permits: 2011-2020

Despite the volatility surrounding the recent COVID-19 pandemic, the housing market has shown remarkable resilience, fueled by demographic tailwinds and a housing shortage due to a decade of underbuilding.  Home construction slowed after 2007 as a result of the 2008 Great Recession, but home building staged a slow, modest recovery over the last decade, with a sharp acceleration in 2020… Read More ›

August Single-Family Permit Gains

Over the first eight months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 775,772. On a year-over-year (YoY) basis, this is a 25.8% increase over the August 2020 level of 616,856. Year-to-date ending in August, single-family permits increased in all four regions. The Northeast region reported the strongest increase of 29.3%, followed by the South… Read More ›

Employment Situation in August: State-Level Analysis

Nonfarm payroll employment increased in 31 states in August compared to the previous month while 19 states and the District of Columbia lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased at a slower rate by 235,000 in August, following an upwardly revised increase of 1,053,000 jobs in July. On a month-over-month basis, employment… Read More ›

July Single-Family Permit Gains

Over the first seven months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 681,949. On a year-over-year (YoY) basis, this is a 29.7% increase over the July 2020 level of 525,623. Year-to-date ending in July, single-family permits increased in all four regions. The Northeast region reported the strongest increase of 32.2%, followed by the South… Read More ›

Employment Situation in July: State-Level Analysis

Nonfarm payroll employment increased in 47 states and the District of Columbia in July compared to the previous month while three states (Oklahoma, Kentucky, and Tennessee) lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 943,000 in July, following an upwardly revised increase of 938,000 jobs in June. On a month-over-month basis, employment… Read More ›

June Single-Family Permit Gains

Over the six months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 589,146. On a year-over-year (YoY) basis, this is a 35.9% increase over the June 2020 level of 433,484. Year-to-date ending in June, single-family permits increased in all four regions. The Northeast region reported the strongest increase of 39.6%, followed by the Midwest (+35.9%),… Read More ›

Employment Situation in June: State-Level Analysis

Nonfarm payroll employment increased in 44 states and the District of Columbia in June compared to the previous month while six states lost jobs. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 850,000 in June, following an upwardly revised increase of 583,000 jobs in May. On a month-over-month basis, employment data was strong in… Read More ›

May Single-Family Permit Gains

Over the five months of 2021, the total number of single-family permits issued year-to-date (YTD) nationwide reached 483,878. On a year-over-year (YoY) basis, this is a 38.7% increase over the May 2020 level of 348,898. Year-to-date ending in May, single-family permits increased in all four regions. The Northeast region reported the strongest increase of 48.8%, followed by the Midwest (+45.6%),… Read More ›