Earlier: • Summary for Week ending February 10th The key reports this week are January retail sales on Tuesday, and January housing starts on Thursday. The NAHB builder confidence report for February will be released on Wednesday. For manufacturing, the February NY Fed (Empire state) and Philly Fed surveys, and the January Industrial Production...
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Lots of headlines around the web today about what the Facebook IPO means to Silicon Valley real estate. They all get it wrong. The short answer is that the Facebook IPO will have essentially no impact on the Silicon Valley housing market. Why? Because the market is already hot and has weathered the housing...
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From HotelNewsNow.com: STR: Upper-midscale hotels top weekly gains Overall, the U.S. hotel industry’s occupancy was up 5.5% to 51.7%, its ADR increased 3.1% to US0.45 and RevPAR was up 8.7% to US.98. This is the weak season for hotel occupancy, but this is solid improvement over the same week last year. Note: ADR: Average...
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From the BLS: Job Openings and Labor Turnover Summary There were 3.4 million job openings on the last business day of December, up from 3.1 million in November, the U.S. Bureau of Labor Statistics reported today. … Although the number of job openings remained below the 4.4 million openings when the recession began in...
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