Despite coronavirus-driven uncertainty, the capital markets are relatively stable and continue to improve from the onset of the pandemic…
Read MoreRetail sales gains slow. Buoyed by Amazon Prime Day sales, retail sales inched up 0.3 percent in October. Core retail sales ticked up 0.2 percent last month as the pace of consumer spending gains returned to normal levels. Future gains in several sectors remain in doubt…
Read MoreOctober job additions consistent month over month. Employers hired 638,000 personnel last month, modestly below the 672,000 positions created in September. This more consistent level of job creation reflects the benefits of continued economic reopenings, although the recent rise in the number of coronavirus cases presents fresh concerns.
Read MoreHealth crisis amplifies existing trend among Generation Z and millennials. The impact of the pandemic on young adults is weakening short-term household formation and apartment demand.
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