Over $3.6 Million in Infrastructure Improvements Coming to Gerald R. Ford International Airport

Over $3.6 Million in Infrastructure Improvements Coming to Gerald R. Ford International Airport The funding will go toward expanding the airport’s snow removal equipment building, as well as reconstructing existing airport service roads, runway lighting systems, and the aircraft rescue and firefighting building. Read More WHTC https://whtc.com/2022/07/01/over-3-6-million-in-infrastructure-improvements-coming-to-gerald-r-ford-international-airport/

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Coming Baby Boomer Mortality Rates to Have Minimal Impact on U.S. Housing Supply, Prices

Coming Baby Boomer Mortality Rates to Have Minimal Impact on U.S. Housing Supply, Prices More than four million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, but sustained homebuyer demand from population… Read More World Property Journal https://www.worldpropertyjournal.com/real-estate-news/united-states/chicago-real-estate-news/real-estate-news-baby-boomer-home-sales-trends-mortgage-bankers-association-research-institute-for-housing-america-who-will-buy-the-baby-boomers-homes-13189.php

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7/7/22 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY May job openings fall 3.9 percent, but still over two open positions per unemployed person The number of job openings decreased 3.9 percent to 11.3 million on the last business day of May. Hires and total separations were little changed at 6.5 million and 6.0 million, respectively. Within separations, quits (4.3 million) and layoffs and discharges (1.4 million) were little changed.  With 5.9 million officially unemployed persons, that leaves 2.12 open jobs per person, or an overhang of 5.3 million jobs. https://www.bls.gov/news.release/jolts.nr0.htm   Purchase…

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