10/22: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Initial unemployment claims dip again to lowest level since mid-March 2020 In the week ending October 16, initial unemployment claims were 290,000, a decrease of 6,000 from the previous week’s revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000. Continued claims during the week ending October 9 were 2,481,000, a decrease of 122,000 from the previous week’s revised level. The total number of continued weeks claimed for benefits in all programs for the week ending…

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10/21: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Housing starts slip 1.6 percent in September, but up 7.4 percent year-on-year September housing starts were at a seasonally adjusted annual rate of 1,555,000, down 1.6% from August but up 7.4% year-on-year. Single‐family housing starts were at 1,080,000; this is virtually unchanged from August, while those for buildings with 5+ units fell 5.1%. https://www.census.gov/construction/nrc/pdf/newresconst.pdf   Building permits fall 7.7 percent in September, flat year-on-year September building permits were at a seasonally adjusted annual rate of 1,589,000, down 7.7% from August and flat year-on-year. Single‐family…

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World’s Most Sustainable High-Rise Apartment Building

World’s Most Sustainable High-Rise Apartment Building Sustainable Living Innovations Announces Installation of First Manufactured Panels at 303 Battery, Key Milestone in Construction of World’s Most Sustainable High-Rise Apartment Building. Read More Business Wire https://www.businesswire.com/news/home/20211019005892/en/Sustainable-Living-Innovations-Announces-Installation-of-First-Manufactured-Panels-at-303-Battery-Key-Milestone-in-Construction-of-World%E2%80%99s-Most-Sustainable-High-Rise-Apartment-Building

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Builders Sentiment Marches Ahead U.S. Builder Confidence Rises for 2nd Straight Month in October Read More Nasdaq https://www.nasdaq.com/articles/builders-sentiment-marches-ahead-in-october%3A-7-stocks-to-gain-2021-10-19

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