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Strong jobs report suggests rate cuts won’t come ‘til summer

Housing Wire

Job gains occurred mainly in health care, government, food services, social assistance, transportation and warehousing. Meanwhile, retail trade, mining, quarrying, oil and gas extraction, manufacturing, wholesale trade, information, and financial activities posted fewer jobs in February.

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Cavco to acquire competitor Solitaire Homes

Housing Wire

The acquisition includes four manufacturing facilities, 22 retail locations and transportation operations. These homes are sold by retail stores in New Mexico, Oklahoma and Texas. Cavco is funding the acquisition with cash on hand in its entirety. In 2021, the New Mexico and Mexico facilities produced around 1,600 homes.

Retail 381
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Americans Returning to Work as Unemployment Drops to 4 Percent in January

Appraisal Buzz

Other job categories seeing strong growth in January included professional and business services, retail, and transportation and warehousing. Of the 467,000 jobs added, 151,000 were in leisure and hospitality. The total number.

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From Industrial to Retail: A Deep Dive into Evaluating Commercial Real Estate

The Robert Weiler Company

Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Swimming in Success: Restaurant and Retail Space. Of all the subtypes of commercial real estate Ohio has to offer, restaurant and retail space are perhaps the most “fun.”

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Unemployment Fell to 4.8 Percent in September; Construction Sector Growth Lagging

Appraisal Buzz

Sectors that saw the greatest job gains in September included leisure and hospitality, professional/business services, retail, and transportation/warehousing. economy added roughly 194,000 jobs in September, beating expectations and driving the unemployment rate down to 4.8%, according to the the U.S. Bureau of Labor Statistics.

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May Brought Strong Job Gains But Unemployment Rate Still Flat at 3.6 Percent

Appraisal Buzz

As has been the trend for months now, most of the job gains were in leisure and hospitality, professional and business services, and transportation and warehousing. Employment in retail trade declined. Bureau of Labor Statistics. The number of unemployed persons was essentially unchanged at 6 million.

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Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

The lion’s share of the job growth in May came from gains in the leisure and hospitality sector (up 84,000 jobs), the professional and business services sector (up 75,000 jobs), and in the transportation and warehousing sector (up 47,000 jobs). Experts believe May’s job report will likely support future rate hikes by the Federal Reserve.