According to the monthly report released today (10/1) from Challenger, Gray and Christmas Inc., a global outplacement and business and executive coaching firm, job cuts announced by U.S. based employers jumped to 118,804 in September, up 2.6% from August’s total of 115,762.
News in covid 19
Canadians Remain Optimistic About Housing Even as the Second Wave of COVID-19 Starts
According to the latest Nanos Research for Bloomberg News poll, Canadians are increasingly optimistic about housing, even as the country finds itself in the grips of the second wave of the COVID-19 pandemic.
Homeowners Gain Equity in Q2 of 2020, Despite COVID-19 Pandemic
According to a new report from CoreLogic, Inc., the Irvine California based corporation that provides financial, property, and consumer information analytics and business intelligence, homeowners are gaining wealth during the COVID-19 pandemic.
Study Examines COVID-19 Pandemics Impact on Homeowners Vs. Renters
A recently released report from Clever Real Estate sought to discover the impact of COVID-19 on homeowners vs. renters. The report found that COVID-19 pandemic has and continues to cause housing payment – owned or rented – delinquencies.
FEA’s Weekly Order Survey Participants Report Season Sales Volumes
Dealers who responded to this week’s Builder Activity Survey continue to report that their sales volumes are close to seasonal norms. Participants along the Gulf Coast, who are dealing with flooding rains and in the West where wildfires continue to burn, are somewhat less enthusiastic than participants in other areas of the country.
COVID-19 Pandemic Economic Downturn Impacts Timber Industry Dependent Towns
Citing a lack of demand for paper products due to COVID-19 pandemic and the switch to digital media, Verso Corporation announced the closure of their mill in Duluth Minnesota in June, and that was quickly followed by the closure of the Wisconsin Rapids mill in July.
Western Forestry Contractor Association Reminds B.C. 2021 Reforestation Bidders to Include 2020 COVID-19 Pandemic Protocols into their Work Bids
In the midst of the COVID-19 pandemic, the Western Forestry Contractor Association (WFCA) is in the process of completing one of its most ambitious and successful reforestation \ tree planting year’s to date.
U.S. Census Bureau Reports COVID-19 Pandemic Impacted Absorption Rate of Rental Units and Condos
The latest data from the U.S. Census Bureau’s Survey of Market Absorption (SOMA) reveals that the absorption rate of unfurnished and unsubsidized apartments (the share rented out in the first three months following completion) fell to 45% in Q1 of 2020, down from 53% in Q1 2019.
U.S. Household’s Market Values Increase in Q2 2020, Despite COVID-19 Pandemic
According to the second quarter of 2020 Federal Reserve Flow of Funds Report, the COVID-19 pandemic did not impact household’s market values. On the contrary, household market values continued to rise throughout all of Q2 of 2020.
U.S. Retail Sales and Consumer Spending Slowed in August
According to a recent report from the U.S. Commerce Department, U.S. consumer spending slowed in August.