Center for Business and Economic Research Dixon Hughes Goodman Triad Business (October 2014)
|
|
- Jesse Lionel Charles
- 5 years ago
- Views:
Transcription
1 Center for Business and Economic Research Dixon Hughes Goodman Triad Business (October 2014) The is developed and maintained by: Dr. G. Donald Jud, Center for Bus. & Eco. Res., Bryan School of Bus. & Eco., UNCG. Executive Summary The rose 0.4% in August. The index has gained 1.8% over the past 12 months and has risen at a 5.0% annualized rate over the past 3 months. In comparison, business activity in North Carolina has grown 2.6% over the past year and was up 0.3% this month. At the national level, the Conference Board s Leading Economic Index gained 0.2% in August and is up 6.8% over the past 12 months. The ISM Purchasing Managers Index was higher at 59.0, which indicates activity in the manufacturing sector is expanding at an accelerating pace. The seasonally adjusted rate of unemployment in the Triad was 6.4% in August, unchanged from last month but 1.8 percentage points below the level recorded 12 months ago. The national unemployment rate was 6.1%, down 0.1 percentage points from last month and 1.1 percentage points lower than August of last year. Total nonagricultural wage and salary employment in the Piedmont Triad rose 0.2% this month and is up 1.4% over the past 12 months. For the nation as a whole, employment gained 0.1% in August. Over the past 12 months, national employment has increased 1.8%. Area retail sales totaled $1,258.3 million in August. Corrected for inflation and seasonal variation, retail spending was higher by 0.4% in August and was up 5.4% from August of last year. Employment in retail trade was unchanged in August but has gained 0.9% over the past 12 months. Housing statistics suggest that the pace of housing market activity was higher in August. The number of existing, singlefamily homes sold in the Triad was up 2.5% from July. The price of the average home sold rose 0.9% from last month. The average quality-adjusted price of an existing home in the Triad was $187,253. The average was up 6.1% from 12 months ago. Commercial real estate in the Triad has recorded modest increases in rents, but vacancy rates remain above national averages. Passenger boardings at the Piedmont Triad International Airport were down by 0.5% in August but are up 0.3% year over year. Cargo shipments were higher by 1.5% this month but are off 11.1% over the past 12 months. 1
2 Tracking the Triad Economy Real Gross Domestic Product (GDP) figures released recently by the Bureau of Economic Analysis (BEA) make clear how slow the recovery from the Great Recession has been in the Triad. Since 2009, when the recovery began, real GDP in the Triad has risen 5.9%, compared to 8.2% nationally and 7.4% in North Carolina. In Millions of 2009 Dollars (log scale) 140, , ,000 80,000 60,000 40,000 Real GDP in the Triad, Source: Triad Charlotte Raleigh The graph compares GDP in the Triad to GDP in the Charlotte and Raleigh MSAs. In the graph, the vertical axis plots GDP on a log scale so the slope of each line reflects its rate of growth. Since the recovery began, growth in the Charlotte and Raleigh areas has been much faster than in the Triad. GDP in Charlotte and Raleigh has risen 16.0% and 11.6% respectively. Within the Triad, growth has been most rapid in Burlington, with GDP there rising 13.7%, followed by 7.3% in Greensboro, and 2.6% in Winston-Salem. 2
3 The level of economic activity in the Piedmont Triad as measured by the (1992 = 100) was up 0.4% in August. 1 Over the past 12 months, the index has gained 1.8%, and it has risen at a 5.0% annualized rate over the past 3 months. In comparison, business activity in North Carolina was up 2.6% over the past 12 months and was higher by 0.3% in August Triad Business Index NC Business Index (right scale) Triad Business Index (left scale) Shaded areas indicate periods of recession as determined by the National Bureau of Economic Research The Conference Board s Leading Economic Index (LEI) rose 0.2% in August and has gained 6.8% over the past year. The LEI is signaling that the pace of economic activity is likely to continue to strengthen over the next 6 months. The ISM Purchasing Managers Index was higher at 59.0 in August, indicating the manufacturing sector is growing and the pace of growth is accelerating. National Economic Indicators ISM Purchasing Managers Index (right scale) The Conference Board Leading Economic Index (left scale) A value of 50 or more for the PMI indicates an expanding mfg. sector nationally. 1 The Triad is defined as an eight-county area that is composed of Alamance, Davie, Forsyth, Guilford, Randolph, Rockingham, Stokes, and Yadkin. 3
4 The Federal Reserve increased the monetary base in August, indicating its policy of quantitative easing is still ongoing, although at a slowing pace. The real monetary base is up 17.8% over the past 12 months. In contrast, total bank lending (business, consumer, and real estate) adjusted for inflation is up just 3.3% since August of last year, although lending has begun to accelerate in recent months. % Chg. (12 mo) in Real Monetary Base Monetary Indicators % Chg. (12 mo.) in Real Bank Lending (right scale) % Chg. (12 mo.) in Real Monetary Base (left scale) % Chg. (12 mo) in Total Real Lending The national unemployment rate was 6.1%, down 0.1 percentage points from last month and 1.1 percentage points less than August of last year. The seasonally adjusted rate of unemployment in the Triad was 6.4% in August, unchanged from last month but 1.8 percentage points below the level recorded 12 months ago. 12 Unemployment Rate 10 Percent (%) 8 6 National 4 Triad
5 Initial claims for unemployment insurance are a leading indicator of the unemployment rate. Claims in the Triad were lower by 0.3% in August and are down 27.5% over the past 12 months. In August, there were 2,772 new unemployment claims, or 0.4% of those employed in the Triad. Nationally, claims were down 1.3% in August and have fallen 11.0% over the past 12 months. 14,000 12,000 10,000 Initial Claims for Unemployment Insurance U.S., in 1,000s (right scale) ,000 6,000 4,000 2,000 Triad (left scale) Total nonagricultural wage and salary employment (employer survey) in the Piedmont Triad rose 0.2% in August. Over the past 12 months, employment has gained 1.4%. For the nation as a whole, employment rose 0.1% this month. Over the past 12 months, national employment has increased 1.8% Total Employment (1,000s) National, right scale 140, , , , Triad, left scale ,000 5
6 Goods-producing employment in the Triad gained 0.1% in August. At the national level, goods-producing employment also was up 0.1%. Over the past 12 months, the number of goods-producing jobs in the Triad has dropped 0.9%, while goodsproducing employment nationally has gained 2.4%. Employment in Triad manufacturing rose 0.1% this month but is down 0.4% over the past 12 months. Goods Producing Employment (1,000s) 26, Triad, left scale National, right scale 24,000 22,000 20,000 18,000 16, The number of persons in the Triad employed in the service-providing sector was higher by 0.2% in August. Higher employment was recorded in wholesale trade, transportation, business services, and leisure services. Over the past 12 months, the number of jobs in the service-providing sector has risen 1.9%, while service-providing employment nationally has gained 1.7%. Employment was higher in wholesale and retail trade, transportation, finance, business and professional services, leisure, and other service. It was lower in education and health care and government. 7.0% 6.0% Service-Providing Employment (12-mo. percent change) 5.7% 5.0% 4.8% 4.0% 3.0% 2.0% 1.0% 0.0% -1.0% 3.7% 2.4% 1.3% 0.9% 0.0% 0.3% W Trade R Trade Trans Info Fin Bus Ser Ed/Hlth Leis Other Gov -0.5% -0.7% -2.0% 6
7 Residential building permits in the Triad, which reflect planned construction, rose 2.4% this month. Over the past 12 months, the pace of planned residential building has risen 12.7%. At the national level, permits gained 0.3% in August and are up 4.5% over the past 12 months. Construction employment in the Triad was down 2.7% over the past year and was unchanged this month. Residential Building Permits U.S., right scale 2,400 2,000 $1,000s 140, , ,000 80,000 60,000 1,600 1, ,000s of Units 40,000 Triad, left scale 20,
8 Retail sales in the Triad totaled $1,258.3 million in August. Corrected for inflation and seasonal variation, retail spending was up 0.4% from July and was higher by 5.4% from August of last year. Employment in retail was unchanged in August but was higher by 0.9% over the past 12 months. 580,000, ,000, ,000, ,000, ,000, ,000,000 Triad (left scale) Retail Sales National (right scale, in $1,000,000s) 170, , , , , , , , ,000,000 Jan 06 Jan 08 Jan 10 Jan 12 Jan 14 Hotel data provided by the Greensboro Convention and Visitors Bureau show area hotel revenues are up 8.4% year over year. The average occupancy rate for area hotels was 61.0% in August, up from 57.6% in August of last year. Employment in the leisure services was up 3.7% over the past 12 months. 8
9 Passenger boardings at the Piedmont Triad International Airport declined 0.5% this month but are up 0.3% compared to August of last year. Cargo shipments rose 1.5% in August but are lower by 11.1% compared to August of last year. Air Traffic at the Piedmont-Triad International Airport 160, ,000 Pounds 10,000,000 8,000,000 6,000,000 4,000,000 Air Cargo Shipments (left scale) Passenger Boardings (right scale) 80,000 40,000 0 Passengers 2,000,
10 Total employment across the state gained 0.3% in August. Over the past 12 months, employment in North Carolina has risen 2.4%, outpacing the gain recorded for the nation. Employment was higher in 13 of the state s 14 metropolitan areas over the year. The strongest employment gains were recorded in Raleigh (4.0%), Wilmington (3.1%), and Charlotte (2.8%). Employment declined in Rocky Mount (-0.9%). In the Triad, employment was higher by 1.2% in Greensboro/High Point, 1.1% in Winston-Salem, and 1.0% in Burlington. MSA Employment Growth (12-month percent change) Asheville Burlington Charlotte Durham Fayetteville Goldsboro GSO/High Point Greenville Hickory Jacksonville Raleigh Rocky Mount Wilmington Winston- Salem North Carolina Nation - 0.9% 0.2% 0.5% 0.3% 0.6% 1.5% 1.0% 1.9% 1.2% 1.6% 1.1% 1.8% 2.4% 2.8% 3.1% 4.0% - 2.0% - 1.0% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% The unemployment rate in North Carolina was 6.8%, up 0.3 percentage points from last month but 1.2 percentage points below the level recorded 12 months ago. The unemployment rate was higher this month in two (Asheville and Durham) of the state s metropolitan areas and unchanged in the other 12 areas. The highest rate of unemployment was in Rocky Mount (9.4%), while the lowest rate was in Asheville (5.1%). 10
11 Housing statistics for the Triad indicate that the pace of housing market activity continued to move up in August. The number of existing, single-family homes sold in the Triad totaled 930 in August, after adjustment for seasonal variation. The number sold was up 2.5% compared to the level of sales recorded in July, but it was 4.6% below the number sold during August one year ago. 1,200 1, Number and Prices of Existing Homes Sold (August 2014) Avg. Price of Homes Sold (right scale) 220, , , , Number of Homes Sold (left scale) ,000 The price of the average home sold this month rose 0.9% from last month. The average quality-adjusted price of an existing home in the Triad was $187,253. The average this month was up 6.1% from the average recorded 12 months ago. The average time on the market for homes sold was 99.6 days, down 1.1% from July, and the ratio of selling to listing price was unchanged at 94.8%, indicating no change in the level of discounting in the market. The inventory/sales ratio was 7.8 months in August, down from 8.0 months in July. The inventory/sales ratio was much higher for higher-priced homes. The number of real estate foreclosures in the Triad declined 2.9% in August and is down 35.1% over the past year. There were 398 reported foreclosures in the Triad in August. 11
12 Commercial real estate data in this section are provided by ReisReports. Reis data indicate conditions in the Triad Apartment and Retail sectors improved in July. Average rent in the apartment market rose 0.3% during the month and has risen 1.9% over the past year. The average vacancy rate inched down to 5.5% (compared to 4.1% nationally), and the average rate is down from 6.1% 12 months ago. Nevertheless, the vacancy rate in the Triad apartment market ranks among the 20 highest metro areas in the nation. Conditions in the office market remained poor. In July, average rent slipped 0.1%. The average vacancy rate was 21.6% (among the 20 highest metro areas in the country) and down 0.1 percentage points from May. The rate in July was up from the 21.0% rate recorded 12 months ago. Retail market conditions improved during the month. Rents rose 0.1% and are up 1.5% year over year but lag the rate of inflation. Retail vacancies averaged 9.6% in July (compared to 9.5% nationwide). The average retail vacancy rate dropped 0.3 percentage points from June and is down from 9.7% 12 months ago. Rent $710 $705 $700 $695 $690 $685 $680 $675 $670 $665 $660 Triad Apartment Market 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% Vacancy Rate (%) $655 Jan. Feb. Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul 0.0% Rent Vacancy Rate Source: ReisReports, see $16.60 Triad Office Market 21.8% Rent $16.50 $16.40 $16.30 $16.20 $ % 21.4% 21.2% 21.0% 20.8% 20.6% 20.4% Vacancy Rate (%) $ % Jan. Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Rent Vacancy Rate Source: ReisReports, see $13.50 Triad Retail Market 11.0% $ % 10.6% Rent $13.30 $13.20 $ % 10.2% 10.0% 9.8% 9.6% Vacancy Rate (%) $ % 9.2% $ % Jan. Mar May Jul Sep Nov Jan Mar May Jul Sep Nov Jan Mar May Jul Rent Vacancy Rate Source: ReisReports, see 12
13 Table 1: Triad Economic Indicators % Chg % Chg Indicators August 2014 July 2014 May August 2013 Month Ago Year Ago Piedmont- Triad Bus. Index % 1.8% NC Business Index % 2.5% Piedmont- Triad Bus. Index % 1.8% NC Business Index % 2.6% Unemployment Rate Initial Claims for Unemployment Ins. 2,772 2,781 2,767 3, % % Total Employment (1,000s) % 1.4% Goods- producing % - 0.9% Construction % - 2.7% Manufacturing % - 0.4% Service- providing % 1.9% Wholesale Trade % 4.8% Retail Trade % 0.9% Transportation % 2.4% Information % 0.0% Financial % 0.3% Prof. & Business % 5.7% Education & Health % - 0.7% Leisure % 3.7% Other % 1.3% Government % - 0.5% Retail Sales ($ millions) $1,258.3 $1,252.7 $1,245.9 $1, % 5.4% Hotel Revenues (nsa) $15,727,330 $15,494,056 $14,864,315 $14,514, % 8.4% Hotel Occupancy Rate Avg. (%) (nsa) % 5.9% Residential Building Permits ($1,000s) $73,267 $71,565 $70,135 $65, % 12.7% Avg. Existing Home Price $187,253 $185,635 $184,019 $176, % 6.1% No. of Existing Homes Sold % - 4.6% Real Estate Foreclosures % % Air Passenger Boardings 69,690 70,048 70,369 69, % 0.3% Air Cargo Shipments (1,000s of lbs) 7,448 7,337 7,237 8, % % NATIONAL INDICATORS: Unemployment Rate Total Employment (1,000s) 139, , , , % 1.8% Goods- producing 19,144 19,122 19,055 18, % 2.4% Service- providing 119, , , , % 1.7% Retail Sales ($ millions) $397,576 $396,194 $394,805 $387, % 2.7% Res. Bldg. Permits (units in 1,000s) 1,029 1,026 1, % 4.5% Consumer Price Index (CPI- U,sa) % 1.7% The Conf. Board Leading Eco. Indx % 6.8% Initial Claims for Unemployment Ins. 300, , , , % % ISM Purchasing Managers Index % 4.8% Policy Uncertainty Index % % All data are statistically adjusted to eliminate statistical aberrations unrelated to trend and cycle. Monetary figures (except for housing prices) are deflated by the CPI- U to reflect inflation- adjusted 2014 dollars. Figures are compiled by Dr. G. Donald Jud, Bryan School of Business & Economics, UNCG, E- mail: Juddon@uncg.edu. 13
14 Table 2: North Carolina Metro Indicators (August 2014) Percent Change THIS LAST YEAR LAST YEAR AREA INDICATORS: MONTH MONTH AGO MONTH AGO Asheville Total Employment (1,000s) % 1.5% Unemployment Rate (%) % - 1.2% Burlington Total Employment (1,000s) % 1.0% Unemployment Rate (%) % - 1.9% Charlotte Total Employment (1,000s) % 2.8% Unemployment Rate (%) % - 1.9% Durham Total Employment (1,000s) % 1.9% Unemployment Rate (%) % - 1.0% Fayetteville Total Employment (1,000s) % 0.2% Unemployment Rate (%) % - 1.9% Goldsboro Total Employment (1,000s) % 0.5% Unemployment Rate (%) % - 1.6% Greensboro/High Point Total Employment (1,000s) % 1.2% Unemployment Rate (%) % - 1.8% Greenville Total Employment (1,000s) % 1.6% Unemployment Rate (%) % - 1.6% Hickory Total Employment (1,000s) % 0.3% Unemployment Rate (%) % - 2.3% Jacksonville Total Employment (1,000s) % 0.6% Unemployment Rate (%) % - 1.1% Raleigh Total Employment (1,000s) % 4.0% Unemployment Rate (%) % - 1.4% Rocky Mount Total Employment (1,000s) % - 0.9% Unemployment Rate (%) % - 2.4% Wilmington Total Employment (1,000s) % 3.1% Unemployment Rate (%) % - 2.0% Winston- Salem Total Employment (1,000s) % 1.1% Unemployment Rate (%) % - 1.7% North Carolina Total Employment (1,000s) 4, , , % 2.4% Unemployment Rate (%) % - 1.2% 14
15 Table 3: Triad Business Index Historical Values Triad Total Goods- Prod. Unemp. Year Mo. Index % Chg Employment Employment Rate % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % %
Center for Business and Economic Research Dixon Hughes Goodman Triad Business (July 2014)
Center for Business and Economic Research Dixon Hughes Goodman Triad Business (July 2014) The is developed and maintained by: Dr. G. Donald Jud, Center for Bus. & Eco. Res., Bryan School of Bus. & Eco.,
More informationCenter for Business and Economic Research Dixon Hughes Goodman Triad Business (July 2015)
Center for Business and Economic Research Dixon Hughes Goodman Triad Business (July 2015) The is developed and maintained by: Dr. Andrew C. Brod, Center for Business & Economic Research, Bryan School of
More informationAsheville Metro Economic Report 2014 First Quarter
Asheville Metro Economic Report Johnson Price Sprinkle PA HIGHLIGHTS: ASHEVILLE METRO Employment gains slowed in the first quarter of 2014 dropping behind five other N.C. Metros and lagging behind both
More informationTHE NORTH CAROLINA ECONOMIC OUTLOOK, 1 st QUARTER 2018
THE NORTH CAROLINA ECONOMIC OUTLOOK, st QUARTER 8 Prepared by Dr. Michael L. Walden, William Neal Reynolds Distinguished Professor, Department of Agricultural and Resource Economics, North Carolina State
More informationHousing Market and Mortgage Performance in North Carolina
QUARTERLY UPDATE Housing Market and Mortgage Performance in North Carolina 3 rd Quarter, 2014 Jamie Feik Lisa Hearl Joseph Mengedoth An Update on Housing Market and Mortgage Performance in North Carolina
More informationNORTH CAROLINA S N A P S H O T A MONTHLY UPDATE OF THE FIFTH DISTRICT FEDERAL RESERVE BANK OF RICHMOND. August 2018
August 21 August Summary s economy generally strengthened, according to recent reports as total employment grew and household conditions improved; however, housing market reports were mixed. Labor Markets:
More informationMortgage Performance Summary
Mortgage Performance Summary QUARTERLY UPDATE Housing Market and Mortgage Performance in North Carolina 2nd Quarter, 2013 Jamie Feik Lisa Hearl An Update on Housing Market and Mortgage Performance in North
More informationHousing Market and Mortgage Performance in North Carolina
QUARTERLY UPDATE Housing Market and Mortgage Performance in North Carolina 3 rd Quarter, 2013 Jamie Feik Lisa Hearl Joseph Mengedoth An Update on Housing Market and Mortgage Performance in North Carolina
More informationMortgage Performance Summary
Mortgage Performance Summary QUARTERLY UPDATE Housing Market and Mortgage Performance in North Carolina 4 th Quarter, 2016 Joseph Mengedoth Michael Stanley 350 325 300 275 250 Index, 1995:Q1=100 Figure
More informationHousing Market and Mortgage Performance in North Carolina
QUARTERLY UPDATE Housing Market and Mortgage Performance in North Carolina 1 st Quarter, 2016 Joseph Mengedoth Michael Stanley 350 325 300 275 250 Index, 1995:Q1=100 Figure 1 FHFA House Price Index: North
More informationMortgage Performance Summary
Mortgage Performance Summary QUARTERLY UPDATE Housing Market and Mortgage Performance in North Carolina 3 rd Quarter, 2016 Joseph Mengedoth Michael Stanley 350 325 300 275 250 Index, 1995:Q1=100 Figure
More informationMortgage Performance Summary
Mortgage Performance Summary QUARTERLY UPDATE Housing Market and Mortgage Performance in North Carolina 2 nd Quarter, 2016 Joseph Mengedoth Michael Stanley 350 325 300 275 250 Index, 1995:Q1=100 Figure
More informationNORTH CAROLINA A MONTHLY UPDATE OF THE FIFTH DISTRICT FEDERAL RESERVE BANK OF RICHMOND. November A Closer Look at Total Wages and Salaries
November 21 November Summary Recent economic reports on were somewhat downbeat. The unemployment rate edged down but payroll employment declined considerably and housing market activity softened. Labor
More informationC I T Y O F B O I S E
C I T Y O F B O I S E D E P A R T M E N T O F F I N A N C E A N D A D M I N I S T R A T I O N Office of Budget Development & Monitoring Economic Brief Mike Sherack, Senior Budget Analyst & Brent Davis,
More informationNORTH CAROLINA COUNTY LABOR MARKET CONDITIONS SEPTEMBER 2008
NORTH CAROLINA COUNTY LABOR MARKET CONDITIONS SEPTEMBER 2008 North Carolina s statewide unemployment rate (not seasonally adjusted) was 6.6 percent in September, a 0.2 of a percentage point decrease from
More informationNorth Carolina County Labor Market Conditions
North Carolina County Labor Market Conditions June 2018 Counties With Highest Unemployment Rates June 2018* (Not Seasonally Adjusted) 10% North Carolina s statewide unemployment rate (not seasonally adjusted)
More informationBabson Capital/UNC Charlotte Economic Forecast March 11, 2014
Babson Capital/UNC Charlotte Economic Forecast March 11, 2014 The data used in this report comes from the websites for the U.S. Department of Commerce's Bureau of Economic Analysis (www.bea.gov) and the
More informationCurrent Economic Conditions and the Outlook for the Future
Current Economic Conditions and the Outlook for the Future Poyner Spruill CPA Seminar November 8, 2012 William W. (Woody) Hall, Jr. Professor of Economics Department of Economics and Finance and Senior
More informationRobert D. Cruz, PhD, Chief Economist Miami-Dade County 305-375-1879 cruzr1@miamidade.gov www.miamidade.gov/economicdevelopment Department of Regulatory and Economic Resources Page 1 Local economic indicators
More informationFigure 1: Change in LEI-N August 2018
Nebraska Monthly Economic Indicators: September 26, 2018 Prepared by the UNL College of Business, Bureau of Business Research Author: Dr. Eric Thompson Leading Economic Indicator...1 Coincident Economic
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: December 20, 2017 Prepared by the UNL College of Business Administration, Bureau of Business Research Author: Dr. Eric Thompson Leading Economic Indicator...1 Coincident
More informationData current as of: April 4, % 10.0% 8.0% 6.0% 4.0% 2.0% 250, , , ,000 50, , , , , ,000
Forecast current as of: January 213 Economic Indicators U.S. unemployment decreased to 7.7% in February from 7.9% last month, as nonfarm payroll employment increased by 236,. In the previous 3 months,
More informationExecutive Cotton Update U.S. Macroeconomic Indicators & the Cotton Supply Chain
Executive Cotton Update U.S. Macroeconomic Indicators & the Cotton Supply Chain January 2019 www.cottoninc.com Macroeconomic Overview: As was expected given strong consumer confidence and accelerating
More informationRobert D. Cruz, PhD, Chief Economist
Robert D. Cruz, PhD, Chief Economist Office of Economic Development and International Trade Miami-Dade County cruzr1@miamidade.gov / www.miamidade.gov/oedit Office of Economic Development and International
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: July 24, 2015 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Leading Economic Indicator...1
More informationData current as of: August 5, ,200,000 1,000, , , , , , , , , , , ,000
Forecast Version: Spring 216 Economic Indicators The Bureau of Labor Statistics reported a total nonfarm payroll employment increase of 287, in June with the unemployment rate rising.2% to 4.9%. The jobs
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: October 24, 2018 Prepared by the UNL College of Business, Bureau of Business Research Author: Dr. Eric Thompson Leading Economic Indicator...1 Coincident Economic
More informationBuilding a Stronger North Carolina: A Legislative Briefing and Call to Action
Building a Stronger North Carolina: A Legislative Briefing and Call to Action 2014 OVERVIEW State of NC Economy Community Impacts Policy Matters Moving Forward to 2015 State of NC Economy NC has reached
More informationThe President s Report to the Board of Directors
The President s Report to the Board of Directors April 4, 214 Current Economic Developments - April 4, 214 Data released since your last Directors' meeting show the economy was a bit stronger in the fourth
More informationC I T Y O F B O I S E
C I T Y O F B O I S E D E P A R T M E N T O F F I N A N C E A N D A D M I N I S T R A T I O N Office of Budget Development & Monitoring Economic Brief Shannon Cade, Financial Analyst & Brent Davis, Budget
More informationKey Labor Market and Economic Metrics
Key Labor Market and Economic Metrics May Update Incorporates Data Available on May 27 th, 2016 This reference is the result of a collaboration between the Bureau of Labor Market Information and Strategic
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: August 19, 2016 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Leading Economic Indicator...1
More informationJanuary 2015 Lutgert College Of Business FGCU Blvd. South Fort Myers, FL Phone
Southwest Florida Regional Economic Indicators January 215 Lutgert College Of Business 151 FGCU Blvd. South Fort Myers, FL 33965 Phone 239-59-7319 www.fgcu.edu/cob/reri Table of Contents Introduction:
More informationData current as of: June 3, ,000, , , , , , , , , , , , , ,000
Forecast current as of: Spring 214 Economic Indicators The unemployment rate fell by a large margin (.4 percentage points) in April. Total employment rose by 288, jobs. There were 32, construction jobs
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: June 21, 2017 Prepared by the UNL College of Business Administration, Bureau of Business Research Author: Dr. Eric Thompson Leading Economic Indicator...1 Coincident
More informationNorth Carolina Department of Insurance Automobile Quotes 2008
Vehicle Information: Ford Taurus - Symbol 12 No Inexperienced Operator Drive To and From Work Less than 10 Miles - 1B SDIP Points : No Points September 8, 11 CURRENT $ 147.89 $ 171.89 $ 27.00 $ 17.00 $
More informationCBER Indexes for Nevada and Southern Nevada
CBER Indexes for Nevada and Southern Nevada Published June 23, 2017 Stephen M. Miller, PhD, Director Nicolas Prada, Graduate Research Assistant Summary of CBER s Nevada Indexes Coincident Index (March)
More informationSouthwest Florida Regional Economic Indicators. February 2011
Southwest Florida Regional Economic Indicators February 211 Regional Economic Research Institute Lutgert College Of Business Phone 239-59-7319 Florida Gulf Coast University 51 FGCU Blvd. South Fort Myers,
More informationSouthwest Florida Regional Economic Indicators. June 2012
Southwest Florida Regional Economic Indicators June 212 Regional Economic Research Institute Lutgert College Of Business Phone 239-59-7319 Florida Gulf Coast University 151 FGCU Blvd. South Fort Myers,
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: September 20, 2017 Prepared by the UNL College of Business Administration, Bureau of Business Research Author: Dr. Eric Thompson Leading Economic Indicator...1 Coincident
More informationEconomic Outlook. Charlie Dougherty, Vice President & Economist January 10, 2019
Economic Outlook Charlie Dougherty, Vice President & Economist January 10, 2019 Economic Growth Will Remain Solid in 2019 1 8% U.S. Real GDP Bars = CAGR Line = Yr/Yr Percent Change GDP - CAGR: Q3 @ 3.5%
More informationLeading Economic Indicator Nebraska
Jan 12 Feb 12 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Nebraska Monthly Economic Indicators: February 17, 2012 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric
More informationSouthwest Florida Regional Economic Indicators. September 2010
Southwest Florida Regional Economic Indicators September 2 Regional Economic Research Institute Lutgert College Of Business Phone 239-59-7319 Florida Gulf Coast University 51 FGCU Blvd. South Fort Myers,
More informationJune 2015 Lutgert College Of Business FGCU Blvd. South Fort Myers, FL Phone
Southwest Florida Regional Economic Indicators June 215 Lutgert College Of Business 151 FGCU Blvd. South Fort Myers, FL 33965 Phone 239-59-79 www.fgcu.edu/cob/reri Table of Contents Introduction: Regional
More informationThe U.S. and Washington Area Economic Performance and Outlook
// The U.S. and Washington Area Economic Performance and Outlook Center for Regional Analysis School of Public Policy George Mason University January, 3 Recession Recovery Patterns of GDP Past Four Recessions
More informationMetro Milwaukee Economic Trends August, 2008
Metro Milwaukee Economic Trends August, 2008 Prepared by: Economic Research Division October 7, 2008 www.mmac.org www.mmac.org Metro Milwaukee Economic Trends Page 1 August Economic Trends A weak trend
More informationBarings/UNC Charlotte Economic Forecast March 13, 2018
Barings/UNC Charlotte Economic Forecast March 13, 2018 The data used in this report comes from the websites for the U.S. Department of Commerce's Bureau of Economic Analysis (www.bea.gov) and the North
More informationNVTC. Economic Performance and Outlook
3//11 NVTC The U.S. and Washington Area Economic Performance and Outlook John McClain, AICP, Senior Fellow and Deputy Director, Center for Regional Analysis School of Public Policy, George Mason University
More informationECONOMIC CURRENTS. Vol. 2, Issue 1 THE SOUTH FLORIDA ECONOMIC QUARTERLY. Introduction. In this Issue:
ECONOMIC CURRENTS THE SOUTH FLORIDA ECONOMIC QUARTERLY Vol. 2, Issue 1 Introduction Economic Currents provides an overview of the South Florida regional economy. The report combines current employment,
More informationN e w s R e l e a s e
Employment Security Commission of North Carolina N e w s R e l e a s e For More Information Contact: For Immediate Release Larry Parker/919.733.4329 Andy James April Unemployment Rates Decline In 60 Counties
More informationThe U.S. Economy s Current Performance and Outlook
Delta Associates Spring Seminar The U.S. and Washington Area Economies: Current Performance and Outlook: 24-29 Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center
More informationN e w s R e l e a s e
Employment Security Commission of North Carolina N e w s R e l e a s e For More Information Contact: For Immediate Release Larry Parker/919.733.4329 Andy James December Unemployment Rates Increase In 97
More informationCurrent Economic Conditions and the Outlook for the Future
Current Economic Conditions and the Outlook for the Future Sales Marketing Council Cape Fear Home Builders Association April 16, 2014 William W. (Woody) Hall, Jr. Professor of Economics and Senior Economist
More informationCBER Economic Indexes for Nevada and Southern Nevada
CBER Economic Indexes for Nevada and Southern Nevada Published December 19, 2017 Stephen M. Miller, PhD, Director Nicolas Prada, M.A., Graduate Research Assistant Summary of CBER s Nevada Indexes Coincident
More informationMetro Milwaukee Economic Trends October, 2014
Metro Milwaukee Economic Trends October, 2014 Prepared by: Economic Research Division December 3, 2014 Metropolitan Milwaukee Association of Commerce www.mmac.org www.mmac.org October Economic Trends Metro
More informationSouthwest Florida Regional Economic Indicators. August 2013
Southwest Florida Regional Economic Indicators August 213 Regional Economic Research Institute Lutgert College Of Business Phone 239-59-7319 Florida Gulf Coast University 151 FGCU Blvd. South Fort Myers,
More informationCurrent Employment Statistics
Current Employment Statistics October 2017 If you have any questions or seek additional information, please contact: Vermont Department of Labor Economic and Labor Market Information Division 802-828-4202
More informationECONOMIC AND FINANCIAL HIGHLIGHTS
ECONOMIC AND FINANCIAL HIGHLIGHTS LABOR MARKET Contributions to Change in Nonfarm Payrolls 2 Unemployment and Labor Force Participation Rate 3 MANUFACTURING ISM Manufacturing Index 4 CONSUMERS Light Vehicle
More informationExecutive Cotton Update U.S. Macroeconomic Indicators & the Cotton Supply Chain
Executive Cotton Update U.S. Macroeconomic Indicators & the Cotton Supply Chain May 2018 www.cottoninc.com Macroeconomic Overview: The International Monetary Fund (IMF) publishes comprehensive sets of
More informationCurrent Employment Statistics
Current Employment Statistics December 2017 If you have any questions or seek additional information, please contact: Vermont Department of Labor Economic and Labor Market Information Division 802-828-4202
More informationThe Economic Outlook 2014
The Economic Outlook 2014 Perry Woodside, Ph.D. Urban Land Institute Carolinas Regional Meeting January 23-24, 2014 Certified Public Accountants and Advisors Copyright 2013 Dixon Hughes Goodman LLP All
More informationThe U.S. and Washington Area Economic Performance and Outlook
/8/ The U.S. and Washington Area Economic Performance and Outlook Center for Regional Analysis School of Public Policy George Mason University November 8, Recession Recovery Patterns of GDP Past Four Recessions
More informationQUARTERLY FINANCIAL REPORT
QUARTERLY FINANCIAL REPORT Page Key Trends...2 Executive Summary...3 Economic Indicators...4 General Fund...8 Public Safety & Justice...10 Land Use, Housing & Transportation...11 Health & Human Services...14
More informationDecline in Economic Activity Larger Than Advance GDP Estimate February 27, 2009
Northern Trust Global Economic Research 5 South LaSalle Chicago, Illinois 663 northerntrust.com Asha G. Bangalore agb3@ntrs.com Decline in Economic Activity Larger Than Advance GDP Estimate February 27,
More informationN e w s R e l e a s e
Employment Security Commission of North Carolina N e w s R e l e a s e For More Information Contact: For Immediate Release Larry Parker/919.733.4329 Unemployment Rates Decrease Across N.C. in March Rates
More informationMetro Milwaukee Economic Trends August 2018
Metro Milwaukee Economic Trends August 2018 Prepared by: Economic Research Division October 5, 2018 Metropolitan Milwaukee Association of Commerce www.mmac.org www.mmac.org August Economic Trends Metro
More informationWe only need a few things for recovery
US U.S. and dcolorado Economic Conditions Mark C. Snead Vice President and Branch Executive Federal Reserve Bank of Kansas City Denver Branch 1 We only need a few things for recovery Moderate growth in
More informationN e w s R e l e a s e
Employment Security Commission of North Carolina N e w s R e l e a s e For More Information Contact: For Immediate Release Larry Parker/919.733.4329 Unemployment Rates Mixed for North Carolina s 100 counties
More informationSouthwest Florida Regional Economic Indicators. April 2013
Southwest Florida Regional Economic Indicators April 213 Regional Economic Research Institute Lutgert College Of Business Phone 239-59-7319 Florida Gulf Coast University 151 FGCU Blvd. South Fort Myers,
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: July 29, 2016 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Leading Economic Indicator...1
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: January 17, 2014 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Graduate Research
More informationSouthwest Florida Regional Economic Indicators. June 2013
Southwest Florida Regional Economic Indicators June 213 Regional Economic Research Institute Lutgert College Of Business Phone 239-59-7319 Florida Gulf Coast University 151 FGCU Blvd. South Fort Myers,
More informationNorth Carolina s October County and Area Employment Figures Released
For Immediate Release: November 30, 2016 For More Information, Contact: Kim Genardo/919.814.4610 North Carolina s October County and Area Employment Figures Released RALEIGH Unemployment rates (not seasonally
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: June 17, 2016 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Leading Economic Indicator...1
More informationLeading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: August 15, 2014 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Graduate Research Assistants:
More informationArkansas Economic Outlook
Arkansas Economic Forecast Conference 2011 Arkansas Economic Outlook Dr. Michael Pakko Chief Economist and State Economic Forecaster Institute for Economic Advancement, UALR November 2, 2011 Arkansas Experience
More informationNorth Carolina s June County and Area Employment Figures Released
For Immediate Release: August 2, 2017 For More Information, Contact: Beth Gargan/919.814.4610 North Carolina s June County and Area Employment Figures Released RALEIGH Unemployment rates (not seasonally
More informationNorth Carolina s March County and Area Employment Figures Released
For Immediate Release: May 2, 2018 For More Information, Contact: Beth Gargan/919.814.4610 North Carolina s March County and Area Employment Figures Released RALEIGH Unemployment rates (not seasonally
More informationChad Wilkerson. Vice President, Economist, and Oklahoma City Branch Executive Federal Reserve Bank of Kansas City.
Chad Wilkerson Vice President, Economist, and Oklahoma City Branch Executive Federal Reserve Bank of Kansas City www.kansascityfed.org/oklahomacity Recent Oklahoma Economic Trends Oklahoma s economy has
More informationNevada s Unemployment Rate Remains at 11.6 Percent in June
For Immediate Release July 20, 2012 Nevada s Unemployment Rate Remains at 11.6 Percent in June June showed no change in Nevada s unemployment rate, which held steady at a seasonally adjusted 11.6 percent.
More informationNorth Carolina s January County and Area Employment Figures Released
For Immediate Release: March 17, 2017 For More Information, Contact: Beth Gargan/919.814.4610 North Carolina s January County and Area Employment Figures Released RALEIGH Unemployment rates (not seasonally
More informationU.S. Economic Update and Outlook. Laurel Graefe, REIN Director Federal Reserve Bank of Atlanta October 2, 2013
1 U.S. Economic Update and Outlook Laurel Graefe, REIN Director Federal Reserve Bank of Atlanta October 2, 213 Following the deepest recession since the 193s, the economic recovery is well under way, though
More informationNevada s Unemployment Rate Falls to 10.2 Percent in December
For Immediate Release January 18, 2013 Nevada s Unemployment Rate Falls to 10.2 Percent in December For the month of December, Nevada saw a decline in its unemployment rate from 10.8 percent in November
More informationOld Dominion University 2017 Regional Economic Forecast. Strome College of Business
Old Dominion University 2017 Regional Economic Forecast January 25, 2017 Professor Vinod Agarwal Director, Economic Forecasting Project Strome College of Business www.odu.edu/forecasting The views expressed
More informationSouthwest Florida Regional Economic Indicators. April 2014
Southwest Florida Regional Economic Indicators April 214 Regional Economic Research Institute Lutgert College Of Business Phone 239-59-7319 Florida Gulf Coast University 151 FGCU Blvd. South Fort Myers,
More informationThe Outlook for the U.S. and Washington Area Economies In 2013 and Beyond
Boland Open House The Outlook for the U.S. and Washington Area Economies In 213 and Beyond Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor Director, Center for Regional Analysis
More informationNorth Carolina s December County and Area Employment Figures Released
For Immediate Release: February 1, 2018 For More Information, Contact: Beth Gargan/919.814.4610 North Carolina s December County and Area Employment Figures Released RALEIGH Unemployment rates (not seasonally
More informationThe U.S. Economy s Current Performance and Outlook
/3/4 Board of Directors, Northern Virginia Association of Realtors The Current Economic Outlook & Area Housing Market Conditions Stephen S. Fuller, Ph.D. Dwight Schar Faculty Chair and University Professor
More informationNorth Carolina s July County and Area Employment Figures Released
For Immediate Release: August 29, 2018 For More Information, Contact: Beth Gargan/919.814.4610 North Carolina s July County and Area Employment Figures Released RALEIGH Unemployment rates (not seasonally
More informationCBER Economic Indexes for Nevada and Southern Nevada
CBER Economic Indexes for Nevada and Southern Nevada Published November 14, 2018 Stephen M. Miller, PhD, Director Hasara Rathnasekara, Graduate Research Assistant Summary of CBER s Nevada Indexes Coincident
More informationAugust 2018 VOLUME XII NUMBER 8
Southwest Florida Regional Economic Indicators August 2018 VOLUME XII NUMBER 8 Regional Economic Research Institute Lutgert College Of Business 10501 FGCU Blvd. South Fort Myers, FL 33965 Phone 239-590-7090
More informationConsumer Price Index, Jobless Claims, Housing Starts Each of These Reports Have Favorable Aspects to Note
Consumer Price Index, Jobless Claims, Housing Starts Each of These Reports Have Favorable Aspects to Note January 19, Asha G. Bangalore agb3@ntrs.com The Consumer Price Index (CPI) held steady in December,
More informationCBER Indexes for Nevada and Southern Nevada
CBER Indexes for Nevada and Southern Nevada Published March 24, 2016 Stephen M. Miller, PhD, Director Jinju Lee, Economic Analyst Summary of CBER s Nevada Indexes Coincident Index Leading Index Mo. to
More informationECONOMIC AND FINANCIAL HIGHLIGHTS
ECONOMIC AND FINANCIAL HIGHLIGHTS FEDERAL RESERVE BALANCE SHEET Assets and Liabilities 2-3 REAL ESTATE Construction Spending 4 CoreLogic Home Price Index 5 Mortgage Rates and Applications 6-7 CONSUMER
More informationSouthwest Florida Regional Economic Indicators. September 2012
Southwest Florida Regional Economic Indicators September 212 Regional Economic Research Institute Lutgert College Of Business Phone 239-59-7319 Florida Gulf Coast University 151 FGCU Blvd. South Fort Myers,
More informationChad Wilkerson. Vice President, Economist, and Oklahoma City Branch Executive Federal Reserve Bank of Kansas City
Chad Wilkerson Vice President, Economist, and Oklahoma City Branch Executive Federal Reserve Bank of Kansas City www.kansascityfed.org Overview of the Federal Reserve System The Fed consists of three main
More informationEconomic Outlook and Housing Market Forecast
Economic Outlook and Housing Market Forecast NVAR Housing Finance Summit Terry L, Clower, Ph.D. Director, Center for Regional Analysis Schar School of Policy and Government George Mason University May
More informationEmerging Trends in the U.S. and Colorado Economies
Emerging Trends in the U.S. and Colorado Economies Alison Felix Economist and Branch Executive Federal Reserve Bank of Kansas City Denver Branch The views expressed are those of the presenter and do not
More informationRECESSION AND RECOVERY IN MISSOURI AND THE U.S.
RECESSION AND RECOVERY IN MISSOURI AND THE U.S. Alison Felix Senior Economist Federal Reserve Bank of Kansas City The views expressed are those of the presenter and do not necessarily reflect the positions
More informationExecutive Cotton Update U.S. Macroeconomic Indicators & the Cotton Supply Chain
Executive Cotton Update U.S. Macroeconomic Indicators & the Cotton Supply Chain January 2018 www.cottoninc.com Macroeconomic Overview: Over the past couple years, economic growth slowed in the fourth and
More information