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state and local markets

  • Employment/Labor

State-Level Employment Situation: October 2024

Danushka Nanayakkara-SkillingtonNovember 19, 2024November 19, 2024

Clouded by hurricanes in the southeast part of the country and strike activity in the manufacturing sector, October nonfarm payroll figures were mediocre. Nonfarm payroll employment increased in 21 states in October compared to the previous month, while it decreased in 29 states and the…

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  • Construction Statistics

Single-Family Permits Higher in September 2024  

Danushka Nanayakkara-SkillingtonNovember 15, 2024November 12, 2024

Over the first nine months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 763,990. On a year-over-year (YoY) basis, this is an increase of 10.1% over the September 2023 level of 693,908. Year-to-date ending in September, single-family permits were up…

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  • Employment/Labor

State Level Employment Situation: September 2024

Danushka Nanayakkara-SkillingtonOctober 22, 2024October 22, 2024

Nonfarm payroll employment increased in 41 states and the District of Columbia in September compared to the previous month, while eight states saw a decrease. Nevada reported no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 254,000 in…

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  • Construction Statistics

Single-Family Permits Higher in August 2024  

Danushka Nanayakkara-SkillingtonOctober 16, 2024October 22, 2024

Over the first eight months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 685,923. On a year-over-year (YoY) basis, this is an increase of 11.5% over the August 2023 level of 615,453. Year-to-date ending in August, single-family permits were up…

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  • Macroeconomics

2024 Second Quarter State-Level GDP Data

Danushka Nanayakkara-SkillingtonOctober 9, 2024October 22, 2024

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in the second quarter of 2024 compared to the last quarter of 2023 according to the U.S. Bureau of Economic Analysis (BEA). Alaska reported an economic contraction during this time. The…

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  • Employment/Labor

State Level Employment Situation: August 2024

Danushka Nanayakkara-SkillingtonOctober 8, 2024October 4, 2024

Nonfarm payroll employment increased in 32 states in August compared to the previous month, while 17 states and the District of Columbia saw a decrease. Kansas reported no change. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 142,000 in…

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  • Construction Statistics

Single-Family Permits Up in July 2024  

Danushka Nanayakkara-SkillingtonSeptember 16, 2024September 17, 2024

Over the first seven months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 599,308. On a year-over-year (YoY) basis, this is an increase of 13.7% over the July 2023 level of 527,158. Year-to-date ending in July, single-family permits were up…

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