Consumer spending in 2016 was supported
by robust job growth, a tightening labor market, low borrowing rates and stable home and equity value.
While the economy is marked
by robust job growth and low inflation, the housing market has had some hiccups this summer and fall, largely due to low inventory.
«Despite consistent and
robust job growth in recent months, consumer attitudes toward housing remained cautious in the final month of 2014,» says Doug Duncan, senior vice president and chief economist at Fannie Mae.
Frank Nothaft, chief economist for secondary mortgage market company Freddie Mac, who spoke later at the same session, said he expects a bit
more robust job growth, closer to 2 million, but both economists said the unemployment rate will remain high despite the new jobs because of the size of the hole that needs to be filled.
Florida projects
robust job growth for many counseling specialties for the years 2009 to 2017, a result of the continued emphasis on healthcare reform that focuses on holistic programs and practices.
New tariffs and concerns over widening trade disputes cast a shadow over the Federal Reserve's most recent survey of US businesses even as all 12 regions reported continued
robust job growth with few signs of overheating.
«By historical standards, however, the apartment market is still strong, especially in some coastal areas and regions
of robust job growth, like Texas.
Home builders» confidence in the housing market surged in July, thanks in part to
robust jobs growth in June.
Nonetheless, the recent average monthly employment gain stands at 200,000 jobs, so a pickup in GDP should lead to
more robust job growth.
Driven
by robust job growth and the rising demand for quality workspaces, the office sector posted strong gains as investors launched new development projects and owners repositioned their buildings into creative work environments.
«Health care goes beyond doctors and nursing professions — there is high demand for people to fill positions available in health care technology, at hospitals and elsewhere within the industry that tap into a variety of the categories we rank and that offer a low unemployment rate, a high median salary and
robust job growth.»
Millennials (those born between 1981 and 1997) now make up the largest population group in metro Denver, a region that experienced «
robust job growth» in 2014, according to the Metro Denver Economic Development Corporation.
Shifting away from Hayman Properties» holdings in multifamily, retail and class - A office, Hayman Family Office is now targeting acquisitions of class - B office buildings in secondary markets — such as Austin, Texas; Denver and Salt Lake City — that boast a reasonable cost of living, a high quality of life and
robust job growth.
Keschl acknowledges that the consumer remains worried about debt overhang and less than
robust job growth, but over the past five years, the industry has gotten used to operating in this new normal mode, he notes.