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Construction Spending Up Slightly in November

Construction Spending Up Slightly in November The U.S. government is reporting that total construction spending in November was at a seasonally adjusted annual rate of $ 1,625 billion, which is up 0.4% from October’s revised estimate.  However, November’s figure is 9.3% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate

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Jobs in Construction Rise By 31k in November

Jobs in Construction Rise By 31k in November According to recent data from the Associated General Contractors of America, construction employment increased by 31k jobs in November, 2021 with 10,300 jobs added in residential and 20,800 in the nonresidential categories.  The AGC said construction firms would have added even more jobs if they could find

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Zumper’s National Rent Report for November 2021

Zumper’s National Rent Report for November 2021 Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in November, 2021 was up 12.1% and the median two-bedroom rent was up 13.2%, since the beginning of the year.  Be sure to check out their list

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Local Market Monitor’s National Economic Outlook for November 2021

Local Market Monitor’s National Economic Outlook for November 2021 Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook By Ingo Winzer November, 2021 Most of us thought the pandemic would have a deep

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