Economic Trends | Market Trends | Senior Housing | Workforce
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
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
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
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.