Economic Trends | Market Trends | Regulatory Environment | Workforce
By: Beth Mace | September 07, 2018
The Labor Department reported that there were 201,000 jobs created in the U.S. economy in August, above the consensus expectation of 190,000. However, revisions subtracted 50,000 to the prior two months as June was revised to 208,000 from 224,000 and July was revised to 147,000 from 157,000. Payrolls have averaged 207,000 per month so far this year, up from 182,000 last year.
Economic Trends | Market Trends | Regulatory Environment | Senior Housing | Skilled Nursing | Workforce
By: Lana Peck | August 22, 2018
Seniors housing is a multifaceted property type in commercial real estate, in part, because it is comprised of several different housing and care products designed to meet the diverse needs and desires of the older consumer. Product segments range from independent living, which focuses on hospitality and lifestyle services for healthy, active seniors, to assisted living for residents who are not fully independent and need help with daily activities, to memory support and nursing care units, which provide residents round-the-clock licensed, supervised medical care. Any of these product segments may be found as a stand-alone building, and they are frequently combined in one or two buildings or clusters of buildings to form a campus of continuing care.
By: Beth Mace | August 03, 2018
The Labor Department reported that there were 157,000 jobs created in the U.S. economy in July, below the consensus expectation of 193,000. However, revisions added 59,000 to the prior two months as June was revised to 248,000 from 213,000 and May was revised to 268,000 from 244,000. Payrolls have averaged 215,000 per month so far this year, up from 182,000 last year.
Economic Trends | Market Trends | Senior Housing | Workforce
By: Beth Mace | July 27, 2018
NIC MAP® Data Service clients attended a webinar in mid-July on the key seniors housing data trends during the second quarter of 2018. Key takeaways included the following:
