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Economy

Economy Watch: Construction Employment Growth Still Healthy

March 29, 2017 |

Thirty nine states added construction jobs in February, indicating demand for commercial and residential real estate is still strong.

Forty-three states added construction jobs between February 2016 and this February, while 39 states added construction jobs during February of this … Read More

Experts discuss Oakland County’s economy during annual forecast

January 19, 2017 |

BIRMINGHAM — The Oakland County economy is in good shape, but it’s just not growing as fast as we would all like.

That was the major takeaway from the annual Economic Forecast hosted by the Birmingham Bloomfield Chamber of Commerce … Read More

Economy Watch: Consumers End ’16 in Confident Mood

December 27, 2016 |

U.S. consumers are currently more confident than they’ve been in years, according to the latest reading of the University of Michigan’s Consumer Sentiment Index, which was released just ahead of the Christmas holiday. The index for December came in at … Read More

Improving economy brightens outlook for commercial real estate

December 22, 2016 |

As the U.S. economy continues to improve, so does the commercial real estate market, according to the National Association of Realtors (NAR).

“The job market has been the bright spot of the economy this year as employers are feeling more … Read More

U.S. economy grew strong 3.5% in third quarter

December 22, 2016 |

America gained a little more momentum than previously thought.

The U.S. economy grew 3.5% in the third quarter — July to September — compared to the same time a year ago, the Commerce Department reported Thursday. It’s the best quarter … Read More

Michigan’s Economy Best In Midwest, And It’s Not Just Cars

December 12, 2016 |

Michigan’s economy had the fastest growth in the Midwest in the second quarter of 2016 and ranked in the top 10 nationally, according to the federal Bureau of Economic Analysis. The state’s real gross domestic product was up 2.3 percent, … Read More

Potential shuttering of ’90s retail staple would leave vacancies in malls throughout Florida

December 5, 2016 |

Another staple of 1990s mall-based retail is grappling with its future — and one option is shutting the company down entirely.

The Limited, which is based in Ohio, told employees in its corporate office last week that if a buyer … Read More

How Will Trump’s Presidency Impact the Commercial Real Estate Industry?

November 10, 2016 |

The commercial real estate industry has long been a major force in local and national politics, but that relationship has reached a new height on Tuesday, when a commercial real estate developer with little track record in public service won … Read More