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Young Professionals Have Returned to Cities, Impacting Rents

Pro Builder

Rents increased more than 10% over the course of the year, says Realtor.com, a dramatic change from the beginning of the pandemic when job losses rendered renters unable to pay, and occupancy rates dropped to new lows. Rents in major metros such as New York City and San Francisco saw double-digit rent decreases.

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Business Facilities’ 2019 Metro Rankings Report

Business Facilities

There are approximately 200,000 individuals employed in the tech sector in the Atlanta MSA—the sixth largest metro area in the nation for technology employment. BlackRock chose the region for its new Innovation Hub comprised of 1,000 jobs. AUSTIN, DENVER, NEW YORK CITY HAVE TOP STARTUP ECOSYSTEMS.

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professionals

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Housing Outlook: Is This a Recession … or Not?

Pro Builder

However, Rogers’ generally optimistic assessment is based on a more sophisticated definition, as determined by the National Bureau of Economic Research ( NBER ), which takes into account factors such as income, employment levels, consumer spending, and industrial production. Housing Policy + Finance. Housing Markets. Economics.

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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson.

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Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

A fter several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., according to Deloitte’s new U.S. This reverses a five-year trend that resulted in employment decreases of 9.4 However, despite the decline in employment numbers, the U.S.

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INDUSTRY FOCUS: The Process of Food

Buisness Facilities Contributed Content

Just an hour North of New York City begins a great expanse of farmland that extends hundreds of miles to the Pennsylvania border. Just south of Rochester, in the beautiful Finger Lakes region of western New York State, you will discover Livingston County. Genesee County, NY is a Food Processing Hub.

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LOCATION FOCUS: United It Stands

Buisness Facilities Contributed Content

New York State’s 54,556 square mile geography is divided into 10 economic regions (according to Empire State Development)—Western New York, Finger Lakes, Southern Tier, Central New York, North Country, Mohawk Valley, Mid-Hudson, Capital District, New York City and Long Island.