NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

Seniors Housing Penetration Rates: Variation over Time, Variation Across Metropolitan Markets

By: Beth Mace and Anne Standish  |  December 05, 2018

Penetration rates vary across markets and across time. Some of the variation may be due to differing demand factors such as population and household growth and size, consumer preferences, familiarity and comfort with the product, changes in the composition of inventory, and cultural influences. This blog post explores some of this variation.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

NIC MAP Releases New Features, Including Walk Score

By: NIC  |  November 14, 2018

As NIC MAP® Data Service clients know, NIC regularly adds new features to the client platform, often as a direct response to client requests, or as new data and analytical tools become available. NIC works hard to ensure developers, operators, investors, and other stakeholders, have access to the high-quality data they need from the best available time series market data to the latest market preference indicators.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

Building an Engaged Workforce Leads to Significant Cost Savings

By: Jacquelyn Kung of Activated Insights and Brent Weil of Argentum  |  November 07, 2018

It's the open secret that leading operators have long known—an engaged workforce leads to success in other parts of operations, including key financial and performance metrics.

Economic Trends  |  Market Trends  |  Senior Housing  |  Skilled Nursing  |  Workforce

October Jobless Rate Remains at Lowest Level Since 1969

By: Beth Mace  |  November 02, 2018

The unemployment rate held steady at 3.7% in October, which is the lowest rate since December 1969. The jobless rate remains well below the rate of what is generally believed to be the “natural rate of unemployment” of 4.5%, which suggests that there will be building pressure on wage rate growth.

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