Business Environment | Economic Trends | Market Trends | NIC Leadership Huddle | Senior Housing
By: NIC | May 30, 2023
After facing down a pandemic for three years, the senior housing industry now faces a new reality—some parts good and some not so good.
Economic Trends | Market Trends | Senior Housing | Skilled Nursing
By: Omar Zahraoui and Bill Kauffman | May 10, 2023
NIC Analytics released the 4Q 2022 NIC Lending Trends Report today. The quarterly report, available complimentary to NIC constituents, includes data trends over six years for senior housing and nursing care construction loans, mini-perm/bridge loans, and permanent loans, from 3Q 2016 through 4Q 2022.
Business Environment | Economic Trends | Workforce
By: Beth Mace | May 05, 2023
The Bureau of Labor Statistics (BLS) reported that the unemployment rate slipped back to 3.4% in April from 3.5% in March. This places it at the same level as in January at 3.4%, which was its lowest level since 1969. It has been hovering in a narrow range for many months now and underscores the ongoing tightness of the labor market.
Economic Trends | Market Trends | NIC Leadership Huddle | Senior Housing
By: Beth Mace | April 26, 2023
It’s now been a little over a year since the Federal Reserve began to increase interest rates to slow the pace of inflation and the rate of economic growth. The increase in rates has been large, and it has been fast. Short-term interest rates have gone from virtually 0% in March 2022 to 4.75% today, the most significant tightening in monetary policy since the 1980s, when then-Fed Chair Paul Volcker also increased rates to combat inflation and slow economic growth.
