Economy

If you add back the Toys R Us layoffs, the employment report was pretty much on target, and the prior months adjustments up made it even better than we thought.

Mexico's availability of skilled labor and lower wages are attracting manufacturers to head south.

Seattle's tech boom shows no signs of slowing down, with companies buying entire blocks of space amid very low cap rates, yet housing is not keeping up with demand, says H. Pike Oliver of Urbanexus.

Among the nation's largest metros, Houston ranks first nationally when it comes to the net change in renters with children–an increase of 107,000 households between 2006 and 2016, a surge of 41%.

Los Angeles has the fastest growing tech labor force in the country, up 12.3% in the last two years, while Orange County's tech labor force grew by 10.6% in two years.

Barring any black swan event(s), the near-term outlook for lodging remains very positive. Domestic and foreign investment, and institutional capital continue to be deployed into single assets and portfolios of all types and locations of US hotels.

Select tertiary markets are driving the economic expansion and will likely continue to do so for the balance of this year and well into 2019.

Apartment rents in San Diego increased 4.9% in the month of July, fueled by strong demand, compared to the national average of 2.8% apartment rent growth.