Census Bureau
Wells Fargo Forecasts Sharp February Payroll Slowdown as January Jobs Surge Fades
The blockbuster January jobs number was likely a mirage, per the assessment of economists at Wells Fargo Economics, who are projecting nonfarm payroll...
Data Center Construction Spending Surges 26% YoY to $41B as AI Infrastructure Build-Out Accelerates
Wells Fargo Economics report shows investment nearly quadrupled since 2021, though growth rate moderates from January’s 44 percent peak Data-center development, once a...
Construction Spending Posts Third Monthly Gain as Residential Activity Rises 0.8% in August
Home improvement drives residential growth while nonresidential sector continues downward trend despite data center resilience After several months of subdued activity across building...
Seattle Retail Market Navigates Choppy Waters as Vacancies Rise
Puget Sound region faces fourth consecutive quarter of negative absorption, though tight fundamentals and strengthening consumer spending provide support The Seattle retail real...
Quartz Report: U.S. Office Vacancies Could Hit 24% by 2026
The commercial real estate sector in the United States is facing a pivotal moment. A recent report from Moody’s suggests that office vacancy...
Percentage of Millennial Home Purchases Continued to Increase in June, According to Latest Ellie Mae Millennial Tracker
PLEASANTON, Calif.(August 01, 2018) – Mortgages to Millennial borrowers for new home purchases continued their ascent in June, accounting for 91 percent of...
