The presentation from Dr. Joseph Von Nessen given at the Charleston Trident Association of Realtors' annual Residential Market Update. This presentation reviews residential real estate activity in the Charleston, SC MSA in 2016 and offers a look forward to 2017.
The document summarizes economic indicators for Washington County, Utah. Job growth has hovered around 5% for several years, with most industries showing strong to moderate growth. The unemployment rate is about 4%. Population growth was estimated at 2.9% in 2014 and housing permits were issued for over 1,400 homes. Overall, the county's economy continues expanding broadly with no significant signs of slowing down. The analyst expects continued moderate economic growth and stronger wage increases in the county.
The U.S. labor market added 209,000 net new jobs in in July, marking the second consecutive month of gains of more than 200,000 after a series of wobbly months. Continued growth is placing further downward pressure on unemployment, now at its cyclical low of 4.3 percent.
November 2017 U.S. employment update and outlookJLL
October saw 261,000 net new jobs added, a rebound from a weak September hit with two hurricanes and an initially negative employment growth figure. Revisions brought September back to positive territory, however, extending the expansionary streak to 84 consecutive months of growth. Although unemployment has fallen to 4.1 percent, wage growth has yet to meaningfully improve, remaining below the 3.0-percent threshold and with most industries seeing a slowdown the rate of annual earnings growth.
May saw the addition of only 138,000 net new jobs, while gains in previous months saw downward revisions. Minimal improvement in retail trade combined with contractions in government and information kept increases down, although professional services, education, health and leisure remained stable.
April’s 211,000 net new jobs were a return to the more robust growth rates seen over the past two years, although March figures were revised down once again to 79,000 jobs. Unemployment fell by 10 basis points to another cyclical low of 4.4 percent in April.
US employment rate data and trends – January 2017JLL
January saw a resurgence in employment growth, adding 227,000 net new jobs with gains witnessed across numerous sectors. A 20-basis-point increase in the labor force participation rate boosted pushed unemployment up slightly to 4.8 percent, although it remains near cyclical lows.
Dr. Joseph Von Nessen's presentation from the Charleston Trident Association of Realtors' annual market update in January 2020. The presentation covers market activity in 2019 and offers a forecast for 2020.
The document summarizes economic indicators for Washington County, Utah. Job growth has hovered around 5% for several years, with most industries showing strong to moderate growth. The unemployment rate is about 4%. Population growth was estimated at 2.9% in 2014 and housing permits were issued for over 1,400 homes. Overall, the county's economy continues expanding broadly with no significant signs of slowing down. The analyst expects continued moderate economic growth and stronger wage increases in the county.
The U.S. labor market added 209,000 net new jobs in in July, marking the second consecutive month of gains of more than 200,000 after a series of wobbly months. Continued growth is placing further downward pressure on unemployment, now at its cyclical low of 4.3 percent.
November 2017 U.S. employment update and outlookJLL
October saw 261,000 net new jobs added, a rebound from a weak September hit with two hurricanes and an initially negative employment growth figure. Revisions brought September back to positive territory, however, extending the expansionary streak to 84 consecutive months of growth. Although unemployment has fallen to 4.1 percent, wage growth has yet to meaningfully improve, remaining below the 3.0-percent threshold and with most industries seeing a slowdown the rate of annual earnings growth.
May saw the addition of only 138,000 net new jobs, while gains in previous months saw downward revisions. Minimal improvement in retail trade combined with contractions in government and information kept increases down, although professional services, education, health and leisure remained stable.
April’s 211,000 net new jobs were a return to the more robust growth rates seen over the past two years, although March figures were revised down once again to 79,000 jobs. Unemployment fell by 10 basis points to another cyclical low of 4.4 percent in April.
US employment rate data and trends – January 2017JLL
January saw a resurgence in employment growth, adding 227,000 net new jobs with gains witnessed across numerous sectors. A 20-basis-point increase in the labor force participation rate boosted pushed unemployment up slightly to 4.8 percent, although it remains near cyclical lows.
Dr. Joseph Von Nessen's presentation from the Charleston Trident Association of Realtors' annual market update in January 2020. The presentation covers market activity in 2019 and offers a forecast for 2020.
May’s 223,000 net new jobs represented the 91st consecutive month of growth, further extending an already unprecedented expansionary cycle. Since early 2017, the change in employment compared to the previous cycle has been higher than growth in the civilian labor force, leading to rapid declines in unemployment, which now stands at just 3.8%. With the economy showing no meaningful signs of slowdown and inflation rising under the pressure of sustained output growth, the Federal Reserve is on track to continue its program of tightening over the coming quarters.
The unemployment rate dropped slightly to 4.7 percent, but employers added 235,000 new jobs in February, continuing January's strong employment momentum.
November 2016 U.S. employment update and outlookJLL
October's 161,000 net new jobs missed expectations, but unemployment still dropped to 4.9 percent, as signs point to a potential interest rate hike in December.
Thomson Reuters/Ipsos Great Britain Primary Consumer Sentiment Index (PCSI) S...Ipsos UK
According to the latest figures from the Thomson Reuters/ Ipsos MORI Primary Consumer Sentiment Index (PCSI) consumer confidence appears to have rebounded after a two month decline. September figures show the PCSI up 1.4 points from August standing at 53.6.
US employment rate data and trends – December 2016 JLL
A muted December capped off a slower, more inconsistent 2016. Job creation over the course of 2016 totaled nearly 2.2 million jobs, a 21.4-percent lower figure than the more than 2.7 million jobs created in 2015. Monthly gains averaged 180,000 vs. the 229,000 in 2015, largely as a result of talent shortages in major markets.
"Самочувствие потребителя" и "Потребительский индекс Иванова"X5 Retail Group
Выступление аналитика Сбербанка CIB Михаила Красноперова на медиа-форуме Ассоциации компаний розничной торговли. Форум посвящен состоянию, тенденциям и перспективам российского ритейла. Организационный партнер форума — Х5 Retail Group.
The July 2018 U.S. labor market report showed:
1) The economy added 157,000 new jobs in July, a slower rate than recent months but still positive overall.
2) The unemployment rate dropped to 3.9% as more new entrants found jobs.
3) Wage growth remains around 2.7%, not keeping up with inflation near 3%, indicating continued worker confidence but challenges for employers to expand headcounts.
September 2018 U.S. employment update and outlookJLL
With 201,000 net new jobs, August 2018 rebounded after a slower July 2018, aided by growth in a variety of sectors, most notably a resurgence in transportation, warehousing and wholesale trade.
The Oregon Office of Economic Analysis released the latest quarterly economic and revenue forecast to the Governor and Legislature on February 19, 2015. Included are an overview of current economic conditions in the state, an outlook for employment and the General Fund and Lottery Fund forecasts for the state.
2018 Saratoga County State of the Economy 3.29.18JenniferKelley47
This document provides an economic overview of Saratoga County, New York. Some key points:
- Saratoga County has experienced population growth of 4.5% since 2010, with growth in both international and domestic migration. It has one of the highest education rates in the state.
- The median household income in Saratoga County is $74,080, an increase of 14.5% since 2010. Housing permits and home values are also on the rise. The unemployment rate is currently 5%.
- Major industries include healthcare, education, retail, professional services, and manufacturing. Business owners surveyed reported stable or increasing sales, costs, and employment over the past month.
- The biggest
October 2016 U.S. employment update and outlookJLL
September saw modest job growth of 156,000 new jobs added. While below recent averages, fundamentals remain steady as unemployment rose slightly to 5.0% due to increased labor participation. Job openings are rising faster than employment, signaling strong employer demand but constraints filling positions. Wage growth and consumer confidence both increased on the back of sustained job gains and low inflation.
2018 Economic Forecast Dragas Center for Economic Analysis and Policy - (31 J...rmcnab67
This document provides an economic forecast for 2018. It summarizes recent economic trends and forecasts for the coming year. The national economy is expected to see continued growth in 2018, with real GDP growth of 3.0% predicted. Unemployment is forecast to fall to 3.8% while inflation rises to 2.9%. The Virginia economy is also expected to grow, with real GDP increasing 2.2% in 2018. For Hampton Roads, growth has lagged the national rate in recent years. The forecast predicts stagnant growth will continue in the short-term but prospects are improving for the future.
Patrick jankowski- 2019 Economic Outlook for Southeast TexasCharlie Foxworth
Southeast Texas Economic Development Foundation slides for the economic outlook for Southeast Texas in 2019. All systems are go for a good year. The only thing that can hold us back is our belief that we are "overdue" for a recession. Stay positive.
This document summarizes an economic forecast for Arizona presented at a luncheon. It finds that while Arizona has experienced strong job growth and remains a top state for population increases, long-term measures of economic prosperity like per capita income and GDP per worker rank the state below average. The forecast predicts Arizona will see a third consecutive year of job growth in 2017 at 3.0% but notes the greatest risk to the state's economy comes from the national business cycle. Key factors for the state's continued growth are its labor force, quality of life, and cost structure.
This document summarizes economic data for Austin, Texas from 2000-2015. It finds that Austin has experienced strong population and job growth, ranking highly among US metro areas. While both recessions negatively impacted jobs, Austin rebounded more quickly than the US overall. The city is projected to continue growing its population and key industry clusters through 2015. It concludes that Austin faces challenges in aligning education and workforce programs to support targeted industries.
Doug Duncan, Fannie Mae Chief Economist, Presentation at SJREIsjreiassociation
This document provides an economic analysis and overview from Doug Duncan, Chief Economist at Fannie Mae. It summarizes recent economic data on GDP growth, consumer spending, the job market, housing trends, and the Federal Reserve's plans to wind down asset purchases. Overall, it finds the economic recovery is continuing but some measures like housing remain disappointing and long-term unemployment is a challenge.
2017 Annual Economic Outlook - Lee McPhetersShay Moser
The document summarizes Arizona's economic performance in the first 100 days of the Trump administration and provides an outlook. Key points:
- Arizona experienced steady economic growth in the first quarter of 2017, adding over 56,000 new jobs.
- Several industries like finance, food services, and health care saw strong job growth. Arizona ranked 7th nationwide for private sector job growth.
- Population growth remains robust, with Arizona ranked 8th fastest growing state in 2016.
- The outlook is positive if domestic migration continues, but trade policy changes could negatively impact industries like manufacturing. Health care is also a risk depending on federal policy changes.
This document provides a forecast and analysis of the California housing market in 2016 and 2017 from the California Association of Realtors. Some key points:
- 2016 sales of existing single family homes are projected to be flat compared to 2015, while the median home price is projected to rise 6.2%
- Through September 2016, sales were flat year-over-year but the median price rose 6.1% year-over-year
- Inventory remains low across the state, hindering sales growth
- The forecast predicts a modest rise in home sales but continued growth in median prices in 2017
This document provides an economic summary and outlook by Anirban Basu of Sage Policy Group for Susquehanna Workforce Network's annual meeting in 2016. It includes charts and data on topics like global GDP growth, oil prices, employment levels in the US, Maryland and Baltimore region, and unemployment rates. Overall GDP growth is projected to be moderate at around 3% globally and in the US in 2016, with a mixed picture across industries and regions.
Is Your Business Evolution Ready? Preparing Your Business for Tomorrow’s EconomyCitrin Cooperman
Learn all about the economic outlook from Sage Policy Group, Inc.'s presentation for Citrin Cooperman's October 17 event, Economic Summit: Is Your Business Evolution Ready? Preparing Your Business for Tomorrow’s Economy.
May’s 223,000 net new jobs represented the 91st consecutive month of growth, further extending an already unprecedented expansionary cycle. Since early 2017, the change in employment compared to the previous cycle has been higher than growth in the civilian labor force, leading to rapid declines in unemployment, which now stands at just 3.8%. With the economy showing no meaningful signs of slowdown and inflation rising under the pressure of sustained output growth, the Federal Reserve is on track to continue its program of tightening over the coming quarters.
The unemployment rate dropped slightly to 4.7 percent, but employers added 235,000 new jobs in February, continuing January's strong employment momentum.
November 2016 U.S. employment update and outlookJLL
October's 161,000 net new jobs missed expectations, but unemployment still dropped to 4.9 percent, as signs point to a potential interest rate hike in December.
Thomson Reuters/Ipsos Great Britain Primary Consumer Sentiment Index (PCSI) S...Ipsos UK
According to the latest figures from the Thomson Reuters/ Ipsos MORI Primary Consumer Sentiment Index (PCSI) consumer confidence appears to have rebounded after a two month decline. September figures show the PCSI up 1.4 points from August standing at 53.6.
US employment rate data and trends – December 2016 JLL
A muted December capped off a slower, more inconsistent 2016. Job creation over the course of 2016 totaled nearly 2.2 million jobs, a 21.4-percent lower figure than the more than 2.7 million jobs created in 2015. Monthly gains averaged 180,000 vs. the 229,000 in 2015, largely as a result of talent shortages in major markets.
"Самочувствие потребителя" и "Потребительский индекс Иванова"X5 Retail Group
Выступление аналитика Сбербанка CIB Михаила Красноперова на медиа-форуме Ассоциации компаний розничной торговли. Форум посвящен состоянию, тенденциям и перспективам российского ритейла. Организационный партнер форума — Х5 Retail Group.
The July 2018 U.S. labor market report showed:
1) The economy added 157,000 new jobs in July, a slower rate than recent months but still positive overall.
2) The unemployment rate dropped to 3.9% as more new entrants found jobs.
3) Wage growth remains around 2.7%, not keeping up with inflation near 3%, indicating continued worker confidence but challenges for employers to expand headcounts.
September 2018 U.S. employment update and outlookJLL
With 201,000 net new jobs, August 2018 rebounded after a slower July 2018, aided by growth in a variety of sectors, most notably a resurgence in transportation, warehousing and wholesale trade.
The Oregon Office of Economic Analysis released the latest quarterly economic and revenue forecast to the Governor and Legislature on February 19, 2015. Included are an overview of current economic conditions in the state, an outlook for employment and the General Fund and Lottery Fund forecasts for the state.
2018 Saratoga County State of the Economy 3.29.18JenniferKelley47
This document provides an economic overview of Saratoga County, New York. Some key points:
- Saratoga County has experienced population growth of 4.5% since 2010, with growth in both international and domestic migration. It has one of the highest education rates in the state.
- The median household income in Saratoga County is $74,080, an increase of 14.5% since 2010. Housing permits and home values are also on the rise. The unemployment rate is currently 5%.
- Major industries include healthcare, education, retail, professional services, and manufacturing. Business owners surveyed reported stable or increasing sales, costs, and employment over the past month.
- The biggest
October 2016 U.S. employment update and outlookJLL
September saw modest job growth of 156,000 new jobs added. While below recent averages, fundamentals remain steady as unemployment rose slightly to 5.0% due to increased labor participation. Job openings are rising faster than employment, signaling strong employer demand but constraints filling positions. Wage growth and consumer confidence both increased on the back of sustained job gains and low inflation.
2018 Economic Forecast Dragas Center for Economic Analysis and Policy - (31 J...rmcnab67
This document provides an economic forecast for 2018. It summarizes recent economic trends and forecasts for the coming year. The national economy is expected to see continued growth in 2018, with real GDP growth of 3.0% predicted. Unemployment is forecast to fall to 3.8% while inflation rises to 2.9%. The Virginia economy is also expected to grow, with real GDP increasing 2.2% in 2018. For Hampton Roads, growth has lagged the national rate in recent years. The forecast predicts stagnant growth will continue in the short-term but prospects are improving for the future.
Patrick jankowski- 2019 Economic Outlook for Southeast TexasCharlie Foxworth
Southeast Texas Economic Development Foundation slides for the economic outlook for Southeast Texas in 2019. All systems are go for a good year. The only thing that can hold us back is our belief that we are "overdue" for a recession. Stay positive.
This document summarizes an economic forecast for Arizona presented at a luncheon. It finds that while Arizona has experienced strong job growth and remains a top state for population increases, long-term measures of economic prosperity like per capita income and GDP per worker rank the state below average. The forecast predicts Arizona will see a third consecutive year of job growth in 2017 at 3.0% but notes the greatest risk to the state's economy comes from the national business cycle. Key factors for the state's continued growth are its labor force, quality of life, and cost structure.
This document summarizes economic data for Austin, Texas from 2000-2015. It finds that Austin has experienced strong population and job growth, ranking highly among US metro areas. While both recessions negatively impacted jobs, Austin rebounded more quickly than the US overall. The city is projected to continue growing its population and key industry clusters through 2015. It concludes that Austin faces challenges in aligning education and workforce programs to support targeted industries.
Doug Duncan, Fannie Mae Chief Economist, Presentation at SJREIsjreiassociation
This document provides an economic analysis and overview from Doug Duncan, Chief Economist at Fannie Mae. It summarizes recent economic data on GDP growth, consumer spending, the job market, housing trends, and the Federal Reserve's plans to wind down asset purchases. Overall, it finds the economic recovery is continuing but some measures like housing remain disappointing and long-term unemployment is a challenge.
2017 Annual Economic Outlook - Lee McPhetersShay Moser
The document summarizes Arizona's economic performance in the first 100 days of the Trump administration and provides an outlook. Key points:
- Arizona experienced steady economic growth in the first quarter of 2017, adding over 56,000 new jobs.
- Several industries like finance, food services, and health care saw strong job growth. Arizona ranked 7th nationwide for private sector job growth.
- Population growth remains robust, with Arizona ranked 8th fastest growing state in 2016.
- The outlook is positive if domestic migration continues, but trade policy changes could negatively impact industries like manufacturing. Health care is also a risk depending on federal policy changes.
This document provides a forecast and analysis of the California housing market in 2016 and 2017 from the California Association of Realtors. Some key points:
- 2016 sales of existing single family homes are projected to be flat compared to 2015, while the median home price is projected to rise 6.2%
- Through September 2016, sales were flat year-over-year but the median price rose 6.1% year-over-year
- Inventory remains low across the state, hindering sales growth
- The forecast predicts a modest rise in home sales but continued growth in median prices in 2017
This document provides an economic summary and outlook by Anirban Basu of Sage Policy Group for Susquehanna Workforce Network's annual meeting in 2016. It includes charts and data on topics like global GDP growth, oil prices, employment levels in the US, Maryland and Baltimore region, and unemployment rates. Overall GDP growth is projected to be moderate at around 3% globally and in the US in 2016, with a mixed picture across industries and regions.
Is Your Business Evolution Ready? Preparing Your Business for Tomorrow’s EconomyCitrin Cooperman
Learn all about the economic outlook from Sage Policy Group, Inc.'s presentation for Citrin Cooperman's October 17 event, Economic Summit: Is Your Business Evolution Ready? Preparing Your Business for Tomorrow’s Economy.
Minneapolis/St. Paul Market Multifamily Apartment Fundamentals Overview Q2 2016Steven Ladin
Presentation from CoStar Market Economist, Julian Spiker on the state of the Minneapolis/St. Paul Market Multifamily Apartment Market. Included are the market fundamentals, including the following:
• Economic Outlook
• Demographics & Demand
• Fundamentals & Construction Trends
• Rent Trends
• Investment Activity
Mark Vitner, managing director and senior economist at Wells Fargo, keynoted the 2014 Economic Outlook Briefing, describing trends and the latest economic issues facing the nation and the region.
Based in Charlotte, Vitner writes for the company’s Monthly Economic Outlook report, the Weekly Economic & Financial Commentary, and also provides regular updates on the housing markets, commercial real estate, regional economies, and inflation. Vitner’s commentary has been featured in the New York Times, Wall Street Journal, and Bloomberg, among other publications.
In addition to Vitner’s economic forecast, briefing attendees heard the results of the Chamber’s annual Economic Conditions Survey, an online survey that gauges our community’s thoughts on the current economy based on Chamber member response.
Lee McPheters, director of the JPMorgan Chase Economic Outlook Center at the W. P. Carey School of Business at Arizona State University, shares the 2019 outlook for Arizona at the 55th Annual Economic Forecast Luncheon on Nov. 28, 2018.
September 2017 U.S. employment update and outlookJLL
The national labor market saw 156,000 net new jobs added in August, a solid figure but below expectations. Additionally, previous months registered downward revisions to job growth, muting some of the rebound witnessed during the summer. Continuing a trend that has intensified in recent quarters, a lack of skilled workers combined with minimal unemployment and external difficulties such as housing affordability in tech hubs have significantly slowed tech growth over the year. Even with inconsistent inflation, sustained job growth could likely encourage another Federal Reserve rate hike in the near term.
Official Brazilian government data released on 7 March confirmed Brazil’s longest and deepest recession in documented history. The 3.6% GDP contraction added to an accumulated loss of 7.2% in the 2015-2016 period and an almost 9% hit in GDP per capita. But results for the beginning of this year finally point to a light at the end of the tunnel. Upgrade by Moody’s and success in government’s first concession reflect change in risk perception, at the same time as the international media expresses excitement about the prospects for a 2017 lead by Temer, his competent economic team and skilful political personality. Nonetheless, relevant risks shouldn’t be underestimated. Surprises are no strangers to Brazil’s unpredictable political scene and a sustainable growth recovery remains contingent on the government’s ability in passing major structure reforms – which will won’t be an easy task.
The document discusses various economic indicators and policies related to Trumponomics. It provides data showing strong growth in GDP, manufacturing, energy production, and employment since 2016. It also shows declining unemployment rates, consumer confidence, and business optimism. Tax cuts are credited for boosting the economy and making US corporate tax rates competitive internationally.
April 2014 North Carolina Economic Metric Charts PublicFinanceTV
The document analyzes key economic indicators and industry structure for North Carolina. It shows that in 2013, North Carolina's largest industries by employment share were trade/transportation/utilities (19%), government (16%), and manufacturing (13.6%). It also provides data on employment growth, wages, housing permits, prices, and delinquency rates to compare North Carolina's economic performance to national trends from 2003 to 2014.
2014 Economic Outlook (Michael Brown, Wells Fargo)PublicFinanceTV
The document analyzes the economic outlook for 2014 and beyond. It finds that while the US economic recovery will continue in 2014, growth will remain below historical averages. Unemployment remains elevated due to structural factors. Consumer spending and business investment will slowly increase in 2014, supporting moderate GDP growth. Federal fiscal policy uncertainty poses a headwind. Overall, the recovery is ongoing but uneven across states, industries, and demographic groups.
The unemployment rates in the St. Louis region remained steady at 4.7% in March 2016, matching the national rate of 5.0%. Payroll employment in the region fell by 4,800 jobs for a 0.4% decrease over the month. Over the past year, total employment in the region grew by 22,800 jobs or 1.7%, compared to 2.0% growth nationally. The preliminary data is subject to future revisions.
This document discusses workforce development challenges and opportunities in the post-pandemic world. It provides data on the economic impact of the pandemic, including job losses and gains by industry. While some industries like leisure and hospitality saw major declines, others like transportation and warehousing have seen increased demand. The data also shows shifts in the top in-demand occupations, skills, tools/technologies and certifications needed. Overall, basic and interpersonal skills remain highly important for job seekers, along with emerging demand for skills related to distribution/logistics. The document aims to inform workforce strategies to help workers adapt to changes in the post-pandemic labor market.
Similar to 2016 Year in Review | CTAR Residential Market Update | Dr. Von Nessen (20)
2024 Residential Market Update slide deck from Dr. Joey Von Nessen showing data from the residential real estate market in Charleston, South Carolina. Provided by the Charleston Regional Multiple Listing Service and the Charleston Trident Association of Realtors.
This document summarizes the economic outlook for South Carolina in 2021. It finds that while the state's economy rebounded strongly over the summer and fall of 2020, full recovery is not expected until mid-2021 at the earliest due to continued struggles in the leisure and hospitality industry and supply constraints in the housing market. Vaccine dissemination provides hope, but increasing COVID cases and typical year-over-year slowing could impact growth rates in the second half of 2021.
Presentation from Dr. Frank Hefner with the College of Charleston, presented on December 3, 2020 to the Commercial Investment Division of the Charleston Trident Association of Realtors. Covers an economic update as well as information about the local commercial real estate market.
The document provides an overview of several real estate development projects in Charleston, South Carolina owned by William Cogswell and Jay Weaver through their LLCs: Roi-Tan Development, GARCo Mill Development, Powerhouse Development, and Storehouse Development. It includes a table comparing the total square footage, number of buildings, tenants, rent prices, parking availability, and broker information for each development project. The Navy Yard and Shellmore projects have the most available space currently while Cigar Factory is fully occupied.
The document provides an overview of Greystar's operations and footprint in Charleston, South Carolina. It discusses Greystar's status as a major multifamily owner, manager, and developer in Charleston, where it employs approximately 450 people and has interests in 22 assets totaling over 5,700 units. The document also outlines Greystar's plans for a new mixed-use development in downtown Charleston at the site of a former Bi-Lo grocery store.
This document contains renderings and site plans for several proposed design projects in Charleston, South Carolina, including 411 Meeting Street, the Ferry Wharf Hotel, and a home on Daniel Island. Locations depicted include Meeting Street, Mary Street, Reid Street, Patriots Point Golf Links, Hagood Avenue, and North Charleston. The projects were designed by Rabun Rasche Rector Reece Architects of Atlanta, Georgia and RIV Architecture of Charlotte, North Carolina and North Charleston, South Carolina.
The site plan shows areas for demolition, construction access, and relocation of two units. Unit 8 will relocate to Unit 36 and Unit 14 will relocate to Unit 24. The legend provides information on existing buildings such as Marshalls, Office Depot, and T.J. Maxx, as well as their square footages. Walmart is identified as occupying 121,097 square feet and is planned for expansion of approximately 63,653 additional square feet.
This document provides an economic outlook and summary of real estate market trends from the Chief Economist of the National Association of REALTORS. It notes that while the US economy continues expanding, growth is slowing both domestically and abroad. Unemployment remains low but risks include high household and government debt levels and dependence on foreign investment. Real estate prices continue rising across most sectors, though leasing activity showed slower growth recently. Barring a major trade war escalation, the forecast is for ongoing but slower GDP and job growth through 2020.
This document provides an economic outlook and overview of real estate market trends from the Chief Economist of the National Association of REALTORS. It summarizes that while the US economy continues expanding, growth is slowing both domestically and abroad. Unemployment remains low but risks include high household and government debt levels and potential impacts from international trade disputes. The housing market faces affordability challenges from rising home prices and rents outpacing inflation. Barring a major trade war escalation, the forecast is for continued US expansion in 2020, albeit at a more moderate pace.
The document discusses industrial development opportunities and investment in the Charleston, South Carolina region. It notes that developers and capital from around the country are investing in the area due to factors like yield, growth potential, economic drivers, and an available workforce. However, threats to development are also discussed, such as infrastructure challenges, the complexity of permitting processes, and potential anti-growth sentiment. Timelines for typical large industrial development projects in the region are also provided.
Dr. Lawrence Yun's Economic Update at the Charleston Realtors Commercial Market Forecast event on November 15, 2018: Economic Trends and Outlook in a Rising Interest Rate Environment.
This document provides an analysis and outlook for the 2017 retail industry. It discusses various types of retailers such as promo retailers, entertainment retailers, and internet retailers. It also examines the impact of retailers in different Charleston, South Carolina regions and considers future retail trends such as food halls and their effect on grocery stores.
The document summarizes the Charleston commercial real estate market forecast for 2017. It discusses the growth of office inventory and declining vacancy rates in the Charleston area from 2013 to 2017. The report also highlights several new commercial and mixed-use developments planned or under construction between 2017 to 2020 in submarkets like downtown Charleston, WestEdge, Daniel Island, North Charleston, Mt. Pleasant, and Summerville.
The document summarizes Charleston's industrial real estate market. It shows that over 3.4 million square feet of new industrial space was delivered between 2013-2017, with vacancy rates dropping to a 5-year low. Average asking rents are projected to rise from $5.12/sqft currently to $6.20/sqft by 2020 for Class A space. Strong growth at the Port of Charleston is fueling demand, with investments of $4.6 billion and over 20,000 new jobs announced since 2013. However, the large amount of new speculative construction means absorption by new tenants is critical for the market to remain healthy.
This document summarizes hotel performance data and initiatives for the Charleston, South Carolina area hospitality industry. It shows that year-to-date 2017 occupancy, ADR, and RevPAR rates are up compared to 2016. Occupancy and RevPAR in Charleston have exceeded comparable cities like Savannah. The number of AirBnB listings in Charleston has grown significantly and short-term rentals are having an impact on the hotel industry. New initiatives proposed include addressing labor needs, regulating short-term rentals, and balancing tourism and community livability through a program to offer local perks and information.
The economic outlook for Charleston, SC is positive.
- The Charleston metro area has experienced faster GDP and job growth than other South Carolina cities in the past decade.
- Major employers in the region include Joint Base Charleston, MUSC, Boeing, and hospitals, contributing to steady job growth.
- Real estate fundamentals are strong, with housing and industrial real estate performing well due to low inventory and demand from supply chain shifts.
The presentation from Dr. Joseph Von Nessen given at the Charleston Trident Association of Realtors' annual Residential Market Update. This presentation reviews residential real estate activity in the Charleston, SC MSA in 2016 and offers a look forward to 2017.
The Charleston-area Development update from Mayor John Tecklenburg, with the City of Charleston from the 2016 Charleston Commercial Market Forecast, hosted by the Charleston Association of Realtors' Commercial Investment Division in Charleston, South Carolina on September 22, 2016.
More from Charleston Trident Association of REALTORS (20)
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
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Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
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4. South Carolina Employment Growth
Source: Bureau of Labor Statistics, Current Employment Statistics, NSA
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
Jan.'11
Jul.'11
Jan.'12
Jul.'12
Jan.'13
Jul.'13
Jan.'14
Jul.'14
Jan.'15
Jul.'15
Jan.'16
Jul.'16
5. South Carolina Employment Growth
Source: Bureau of Labor Statistics, Current Employment Statistics, NSA
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
Jan.'11
Jul.'11
Jan.'12
Jul.'12
Jan.'13
Jul.'13
Jan.'14
Jul.'14
Jan.'15
Jul.'15
Jan.'16
Jul.'16
+2.2%
6. Slower
Global
Growth/
App.
Dollar
Declines
in
Demand
for
Exports
Declines
in
Manufacturing
(Trans.
Equipment)
Declines
in
TransportaBon/
Trucking
Ripple Effects
7. China/U.S. Foreign Exchange Rate
Source:
Board
of
Governors
of
the
Federal
Reserve
System
5.6
5.8
6.0
6.2
6.4
6.6
6.8
7.0
Jan.'12
Jul.'12
Jan.'13
Jul.'13
Jan.'14
Jul.'14
Jan.'15
Jul.'15
Jan.'16
Jul.'16
9. 0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
Trans.
&
U9l
Manufacturing
5.3%
2.5%
2.0%
1.9%
2015/2014
2016/2015
S.C. Employment Growth: By Industry
Source: Bureau of Labor Statistics, Current Employment Statistics, NSA
10. 0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
Jan.'15
Jul.'15
Jan.'16
Jul.'16
S.C. Employment Growth: Trans. Equip. Manuf.
Source: Bureau of Labor Statistics, Current Employment Statistics, NSA
2016 South Carolina Employment Growth Rate
11. 0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
Jan.'15
Jul.'15
Jan.'16
Jul.'16
Construc9on
Prof.
&
Bus.
Services
Health
Care
&
Soc.
Assist.
S.C. Employment Growth: By Industry
Source: Bureau of Labor Statistics, Current Employment Statistics, NSA
2016 South Carolina Employment Growth Rate
17. S.C. Average Hourly Earnings (Total: Private)
Region
Oct.
2015
Oct.
2016
%
Change
Charleston
$23.01
$24.39
+6.0%
Columbia
$22.58
$22.41
-‐0.8%
Greenville
$21.09
$21.80
+3.4%
Myrtle
Beach
$18.86
$19.89
+5.5%
Spartanburg
$20.60
$21.22
+3.0%
State
Total
$21.53
$22.47
+4.4%
Source: Bureau of Labor Statistics, Current Employment Statistics, NSA
18. Outlook for 2017: Total Personal Income Growth
Source: Division of Research, Moore School of Business
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
q115
q215
q315
q415
q116
q216
q316
q416
q117
q217
q317
q417
5.2%
5.1%
5.6%
4.9%
4.9%
4.3%
3.7%
5.1%
4.8%
4.8%
4.7%
4.7%
Historical
Forecast
19. U.S. Skills Gap Misery Index
0
50
100
150
200
Dec-‐00
Sep-‐01
Jun-‐02
Mar-‐03
Dec-‐03
Sep-‐04
Jun-‐05
Mar-‐06
Dec-‐06
Sep-‐07
Jun-‐08
Mar-‐09
Dec-‐09
Sep-‐10
Jun-‐11
Mar-‐12
Dec-‐12
Sep-‐13
Jun-‐14
Mar-‐15
Dec-‐15
Source: Bureau of Labor Statistics; SA LAUS, JOLTS
20. 1.5
2
2.5
3
3.5
4
4.5
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
11.0%
12.0%
2007-‐2010
2011-‐2016
S.C.
Unemployment
Rate
The Beveridge Curve
Source: Bureau of Labor Statistics; SA LAUS, JOLTS
U.S.
Job
Openings
Rate
21. South Carolina Demographic Profile
Source: American Community Survey, PUMS, 2010-2014 (Ages 25-65)
54.5%
45.5%
<Associate's
Associate's
or
Higher
Movers LTM Non-Movers
64.8%
35.2%
<Associate's
Associate's
or
Higher
22.
Mover
LTM
Non-‐Mover
Management
8.1%
7.7%
Engineering
2.1%
1.5%
Military
8.9%
0.4%
Office
11.6%
13.2%
ConstrucBon
4.0%
5.3%
ProducBon
4.2%
8.5%
TransportaBon
5.3%
6.4%
S.C. Pct. Employed by Selected Occupations
Source: American Community Survey, PUMS, 2010-2014
23. South Carolina Initial Unemployment Insurance Claims
Source: U.S. Department of Labor, Initial UI Claims, 12-week moving average
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
3/18/00
3/18/01
3/18/02
3/18/03
3/18/04
3/18/05
3/18/06
3/18/07
3/18/08
3/18/09
3/18/10
3/18/11
3/18/12
3/18/13
3/18/14
3/18/15
3/18/16
24. Outlook for 2017: Unemployment Rate
Source: Division of Research, Moore School of Business
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
q115
q215
q315
q415
q116
q216
q316
q416
q117
q217
q317
q417
6.5%
6.1%
5.6%
5.5%
5.6%
5.6%
5.1%
4.6%
4.6%
4.5%
4.7%
4.5%
Historical
Forecast
26. Construction Emp. Growth vs. S.C. Average
Source:
Bureau
of
Labor
StaMsMcs,
CES
NSA
-‐6.0%
-‐4.0%
-‐2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
Jan.'11
Jan.'12
Jan.'13
Jan.'14
Jan.'15
Jan.'16
S.C.
Construc9on
27. S.C. Regional Competitiveness by Industry
Pct. Point Difference Between National Industry Growth and S.C. Industry Growth
Source: Division of Research, Moore School of Business
-‐2.0%
-‐1.5%
-‐1.0%
-‐0.5%
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
Construc9on
Manufacturing
Durable
Goods
NonDurable
Goods
Wholesale
Trade
Retail
Trade
Trans.
&
U9l
Informa9on
Financial
Ac9v.
Prof.&Bus.
Health
&
Soc.Assist.
Leisure&Hosp.
34. Charleston MLS: Median Price by Year
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
2013
2014
2015
2016
6.0%
5.7%
6.2%
4.6%
35. S.C. Employment Growth: Construction
Source:
Bureau
of
Labor
StaMsMcs,
Current
Employment
StaMsMcs,
NSA
-‐25.0%
-‐20.0%
-‐15.0%
-‐10.0%
-‐5.0%
0.0%
5.0%
10.0%
15.0%
Construc9on
of
Buildings
Specialty
Trade
Contractors
36. FHFA House Price Index
Source: U.S. Federal Housing Finance Agency
-‐15.0%
-‐10.0%
-‐5.0%
0.0%
5.0%
10.0%
15.0%
q110
q210
q310
q410
q111
q211
q311
q411
q112
q212
q312
q412
q113
q213
q313
q413
q114
q214
q314
q414
q115
q215
q315
q415
q116
q216
q316
Charleston
Columbia
Greenville
Hilton
Head
Spartanburg
37. FHFA House Price Index
Source: U.S. Federal Housing Finance Agency
-‐15.0%
-‐10.0%
-‐5.0%
0.0%
5.0%
10.0%
15.0%
q110
q210
q310
q410
q111
q211
q311
q411
q112
q212
q312
q412
q113
q213
q313
q413
q114
q214
q314
q414
q115
q215
q315
q415
q116
q216
q316
Charleston
Columbia
Greenville
Hilton
Head
Spartanburg
38. S.C. Builders Reporting at Least One Sale
Source: U.S. Bureau of Labor Statistics
(Residential & Non-Residential)
2,500
2,600
2,700
2,800
2,900
3,000
3,100
2011
2012
2013
2014
2015
2016