Job Growth Slows; MBA’s Fratantoni Weighs In

The Bureau of Labor Statistics’ employment report for June showed a slowdown in job growth, with a gain of just 57,000 and a downward revision to the prior two months of 74,000 jobs.

Austin, D.C., Raleigh Lead STEM Job Growth Index

RCLCO Real Estate Consulting, Bethesda, Md., announced its annual index measuring strongest metro areas for growth in STEM job growth (Science, Technology, Engineering and Math), showing Austin, Texas as the top-ranked market.

Real Estate Economists Expect Short-Lived Recession

The COVID-19 crisis has shocked markets everywhere, but some U.S. real estate economists expect a short-lived recession and above-average GDP growth in 2021 and 2022, said the Urban Land Institute, Washington, D.C.