NIC Notes

Insights in Seniors Housing & Care

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

Understanding Your Market Study Part 3: Conducting a Desktop Competitor Analysis

By: Lana Peck  |  May 26, 2017

The first segment of this multi-part series established that market studies are a critical component of determining whether a proposed seniors housing property is an attractive investment opportunity. The second segment touched on maximizing accuracy in defining a market area. And the third segment discussed quantifying and qualifying the competitive environment.

Economic Trends  |  Market Trends  |  Senior Housing  |  Workforce

The Northeast’s Seniors Housing Market

By: Beth Mace  |  May 10, 2017

In recent blog posts, I’ve given you a “deep dive” into the seniors housing markets in the Southeast, California and Texas. Today, I’ll provide a high level look at the seniors housing market in the Northeast. For an even deeper dive, check out the original article in the May edition of the NIC Insider Newsletter. The Economy. There are six large metropolitan markets among the 31 NIC MAP® Primary Markets in the Northeast. They include Baltimore, Boston, New York, Philadelphia, Pittsburgh and Washington, D.C.

Economic Trends  |  Workforce

U.S. economy created 211,000 jobs in April 2017

By: Beth Mace  |  May 05, 2017

The Labor Department reported on Friday that nonfarm payrolls increased by a seasonally-adjusted 210,000 positions in April, well above the consensus 190,000 estimate. This followed gains of 79,000 in March, originally reported as 98,000 and 232,000 in February, originally reported as 219,000. The weak March payroll increase appears to have been weather related. Monthly revisions result from additional reports received from businesses since the last published estimates and from the recalculation of seasonal factors. Over the past 4 months, job gains have averaged 185,000 per month, almost identical to the 187,000 monthly pace in 2016.

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