It is only Wednesday and I have already been asked by three parents this week what their kids should study at college in order to obtain a well-paying job upon graduation. While the question seems simple, the answer likely involves several more questions. The cost of obtaining the education necessary for the job varies. Likewise …Read more
This is the time of the year we enjoy the most in giving and sharing with others. How much do we give? Summary statistics from the Charity Navigator (the nation’s largest and most utilized evaluator of charities) include: 2017 U.S. contributed an estimated $410.02 billion to charitable causes, setting a record for the third year …Read more
There is no shortage of the best places to live lists, with each yielding a differing set of winners – with the outcome dependent on the inclusion and exclusion criteria, metrics and relative weightings. A Best Cities to Live Stewart Blog was last included in September 2018 which can be found at http://blog.stewart.com/stewart/2018/09/25/another-top-10-list-best-places-to-live-in-america-2018/ The latest …Read more
When it comes to economic performance, there is no better measure than the creation of net-new jobs. Jobs are everything to an economy. Period. Job growth, however, is not systemic across the country by state, Metropolitan Statistical Area (MSA) or Division. Just like states, variability in job growth exists across all MSAs and Divisions at …Read more
Jobs are everything to an economy. Period. Job growth, however, is not systemic across the country by state. Variability in job growth exists across all states at any point in time and also within the same state over a time period. As usual, I invoke the TINSTAANREM axiom — There Is No Such Thing …Read more
The U.S. added an impressive 250,000 net new jobs in October 2018 (preliminary), with 1.488 million net new jobs year-to-date compared to 1,464 million a year ago for the same period – an increase of 1.61 percent. The total gain in the prior 12-months of 2.516 million represented a 1.71 percent annual job growth rate …Read more
Just as words have meaning, taxes have economic ramifications. This annual blog on the Best State Tax Business Environments begins as it commenced and ended each of the past two years in the prior sentence . Each state varies in one form or another in how much services their government provides and how those services …Read more
We all use technology daily, but technology impacts some economies and commercial real estate (CRE) markets more than others. The tech sector, with 7.2 million workers at tech companies in the U.S., now makes up 4.8 percent of the U.S. workforce. A just-released study, Cushman & Wakefield’s Tech Cities 2.0, examines where tech has the …Read more
More than one-out-of-every 10 Americans move annually, with an average 35.5 relocating each year from 2010 to 2017, according to Move.org (a site for people moving either themselves or with a professional moving firm). Just 11 percent of the U.S. population moved in 2017, the lowest percentage seen since the U.S. Census Bureau commenced tracking …Read more
Jobs are everything to the economy. Period. Job growth, however, is not uniform across the country. As usual, I invoke the TINSTAANREM axiom — There Is No Such Thing As A National Real Estate Market. Nor is job growth the same nationwide. But where job growth is strong, so is the demand for real estate. …Read more