Sentences with phrase «by solid job growth»
Not exact matches
True, our unemployment rate is biased down due to the weak performance of labor force participation and still - elevated underemployment, but as I've extensively documented, the US job market has been tightening up for awhile, driven by solid employment growth, now averaging around 200,000 / month.
http://jaredbernsteinblog.com/
There are objective reasons to be optimistic, including ongoing labor market improvements — underscored by falling unemployment and underemployment rates, as well as solid job growth — combined with the Federal Reserve's expectations that conditions will permit further interest rate hikes this year as it continues to move toward policy «normalization.»
Columbus, OH - Despite a surprising slowdown in household growth at the end of 2015, the outlook for the U.S. housing market remains upbeat thanks to solid housing demand driven by continued job growth and incipient wage gains.
October's labor market data reverted to the relatively familiar picture of solid job creation accompanied by lackluster wage growth.
Despite solid interest in buying a home — sparked by steady job gains, record low mortgage rates and higher rents — the severe drought in housing supply in much of the country over the past year accelerated price growth and kept many first - time buyers out of the market.
«Housing demand in 2018 will be fueled by more millennials finally deciding to marry and have kids and the expectations that solid job growth and the strengthening economy will push incomes higher,» Yun says.
Unlike past housing downturns, which were precipitated by slowing local economies, U.S. economic fundamentals remained solid, with 3.3 percent growth in the gross domestic product, job gains averaging about 150,000 a month, and interest rates remaining historically low during 2006.
«Housing demand in 2018 will be fueled by more millennials finally deciding to marry and have kids and the expectations that solid job growth and the strengthening economy will push incomes higher,» said Yun.