2015 GDP Numbers Show Shifting Regional Momentum This week, the U.S. Bureau of Economic Analysis released their Gross Domestic Product numbers for each state and region for the fourth quarter of 2015 and the 2015 calendar year. The aggregate change for the U.S. as a...
Most would agree that this is not your typical U.S. economic recovery. The myriad of data tracked continues to provide mixed signals. Gross Domestic Product (GDP), for example, has been on a roller coaster ride, with a sharp dip in 1Q and a nice uptick in 2Q. The...
By Richard Ciccarone The majority of U.S. metro areas experienced economic growth in 2013, according to recent data released by the U.S. Bureau of Economic Analysis. Gross domestic product (GDP) by metro area, defined as the “sub-state counterpart of the nation’s...
Employment and housing trends often predict and reflect the fiscal strength of state and metro areas. Shifts in employment and housing patterns often occur in tandem, according to Bradford Langs, CFA, Chief Risk Officer at CoastalStates Bank in Hilton Head Island,...
State and local governments are not alone in their fiscal stress, which can have a reciprocal cause-and-effect relationship with consumer or household finances. With that in mind, it comes as little surprise that Nevada, a state that has been particularly plagued by...