Bureau of Labor Statistics
Labor Force Participation Sinks to 61.5%, a 50-Year Low as Prime-Age Workers Exit
A sweeping retreat from the U.S. workforce pushed labor force participation to its lowest level in half a century outside the pandemic, with...
San Francisco’s Tax Code Emerges as Biggest Drag on Downtown Recovery, New Report Finds
Bay Area Council Economic Institute study shows the city’s business tax burden dwarfs peer cities, with a hypothetical tech firm paying triple what...
Northern California Carries Essex as Bay Area Tech Demand Outpaces Seattle, Los Angeles in Q1
The West Coast’s largest multifamily REIT beat expectations as cap rate compression and a $62 million stock buyback signaled a private-public valuation gap....
Cooling Labor Market Reshapes Apartment Demand While Other CRE Sectors Hold Firm
Slowing job creation and falling workforce participation among young adults are postponing rental demand, but office, retail, and industrial properties show resilience to...
Sacramento Industrial Vacancy Reaches Decade High as Market Enters Transitional Phase
Softening demand and new deliveries push direct vacancy to 6.7 percent in the first quarter, though limited construction starts and regional logistics strengths...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
Sacramento Office Market Shows Early Signs of Stabilization as Vacancy Holds Flat in First Quarter
A major 121,074-SQFT government lease at Park Tower and declining sublease inventory signal improving conditions, though rents remain under pressure as landlords compete...
Architecture Firms Close Out 2025 With Billings in Decline for 12th Consecutive Month
The AIA/Deltek Architecture Billings Index registered 48.5 in December as project delays, stalled work, and cancellations weigh on the industry heading into 2026....
Data Center Construction Boom Fuels Surge in Temporary Worker Camps Across Rural America
As AI infrastructure pushes into remote regions of Texas and Louisiana, housing thousands of construction workers has become one of the industry’s most...
Wells Fargo Forecasts Sharp February Payroll Slowdown as January Jobs Surge Fades
The blockbuster January jobs number was likely a mirage, per the assessment of economists at Wells Fargo Economics, who are projecting nonfarm payroll...
AI’s Toll on Customer Service Signals Broader Workforce Reckoning as Tech Spending Reshapes Markets
New survey data shows customer support hiring has cratered by nearly two-thirds in two years, even as historical patterns suggest AI will ultimately...
March Rate Cut Unlikely as Labor Market Stabilizes, Wells Fargo Sees 2 More Cuts in 2026
Solid consumer spending, 70K average monthly payroll growth and core PCE easing to 2.6 percent by Q4 shape updated U.S. outlook After a...
