Category Archives: The Economy

Mirror Mirror on the Wall, Which Metros are the Most Economically Recovered of All — From the Pandemic, that is, as of April 2021

Yesterday this blog talked about state employment levels using fairy tale rhetoric.  Today that discussion rachets down the to the Metropolitan Statistical Area (MSA) level.  Reiterating from yesterday, imagine if the past 14 months had just been a bad fairy tale rather the most severe global pandemic in more than 100 years.   But, that is …Read more

Initial Unemployment Claims – Improving But Still Ugly

Jobs are everything to the economy.  Period.   While the U.S. lost 22.4 million jobs in March and April 2020, they have yet to recoup 8.2 million.  Unfortunately, employment numbers are released just once a month based on the Bureau of Labor Statistic’s Payroll or Establishment Survey.  That survey asks employers to report employee counts for …Read more

Best & Worst States for Retirees 2021 – 24/7 Wall Street

With more than 10,000 people turning 66 years of age every day (full-retirement age for Social Security benefits), retirement remains a growth industry.  Unlike many jobs which constrained where people had to reside, retirement opens the entire country (and world) as options.   Some states, however, offer better opportunities, demographics, climate, healthcare and cost of living …Read more

MSA Job Performance Metrics March 2021

Jobs are everything to the economy and the ultimate demand for real estate.  While the pandemic saw 22.4 million jobs disappear from February to April 2020, all but 8.4 million of those job numbers have been brought back in one form or another.  The recovery, however, is neither uniform nor consistent across the country. The …Read more

State GDP Growth Q3 2020 to Q4 2020

Gross Domestic Product (GDP) is the value of all the goods and service produced.  Along with job numbers, GDP is among the best indicators for economic performance. The U.S. saw the largest decline in GDP in history in Q2 2020 due to the pandemic, plunging 31.4 percent on an inflation-adjusted annualized basis. That was followed …Read more

Jobs Report – U.S. Metros February 2021

Jobs continue to be recovered since the plunge seen at the onset of the pandemic in 2020.   Though the U.S. recouped another 379,000 jobs in February 2021 nationwide, there still remains 9.47 million yet to be brought back.   The recovery rate of jobs, however, differs across the country.   Various metrics for 380 of the Metropolitan …Read more