Lower gas prices helping to support spending on other items

Lower gas prices helping to support spending on other items

July year-over-year overall retail sales registered 8.6%. While month-over-month sales were unchanged in July, the details were far more encouraging, with a price-related fall in gasoline sales freeing up households to increase spending on other goods. With prices no...
Ten Numbers We Watched in August

Ten Numbers We Watched in August

Colliers Quick Hits | August 18, 2022 Blackstone has raised $24.1B for its latest real estate fund, the largest fundraise on record. July’s job report marks the return of full pre-pandemic employment and the second-fastest jobs recovery since 1981.Maersk is...
Lower gas prices helping to support spending on other items

U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic

The U.S. added a whopping 528,000 new jobs in July.  Economists polled by The Wall Street Journal had forecast 258,000 new jobs.Hiring was broad-based as businesses created the most new jobs in five months. The number of people working finally returned to February...