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9/1: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY July personal income rises for first time since April, consumer spending edges up In July, personal income increased 0.4 percent (the first increase since April), disposable personal income (DPI) increased 0.2 percent (also the first increase since April) and personal consumption expenditures (PCE) increased 1.9 percent (versus increases of 6.2 percent in June…

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8/28: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Initial unemployment claims dip 8.9 percent to just over 1 million In the week ending August 22, initial claims were 1,006,000, a decrease of 98,000 from the previous week’s revised level. Continued claims during the week ending August 15 was 14,535,000, a decrease of 223,000 from the previous week’s revised level.  The total number of people…

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The New Home Company Names Matt Gibson as Corporate Vice President of Land Acquisition

The New Home Company Names Matt Gibson as Corporate Vice President of Land Acquisition Industry veteran will focus on growth opportunities for NEW HOME’s continued expansion in California and Arizona… Read More Tuscon.com https://tucson.com/business/the-new-home-company-names-matt-gibson-as-corporate-vice-president-of-land-acquisition/article_3cd8207d-998e-5a84-ac69-af25d0610c8b.html

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Arizona surface, drinking water infrastructure gets $30.5M award

Arizona surface, drinking water infrastructure gets $30.5M award The U.S. Environmental Protection Agency (EPA) is awarding $2.7 billion nationwide in support to water infrastructure via State Revolving Funds (SRFs), including $30,536,000 for Arizona… Read More WaterWorld https://www.waterworld.com/drinking-water/infrastructure-funding/press-release/14182337/arizona-surface-drinking-water-infrastructure-gets-305m-award

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Assisted living and memory care community begins construction in Sparks

Assisted living and memory care community begins construction in Sparks Integral Senior Living, a senior living community company, will manage Kiley Ranch master planned community, with will have 99 units; of those 99 units 66 units are assisted living rooms and 24 are memory care rooms… Read More News 4 https://mynews4.com/news/local/assisted-living-community-beginning-construction-in-sparks

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8/27: MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY July new home sales up 13.9 percent from June and 36.3 percent year-on-year Sales of new single-family houses in July 2020 rose to an annual rate of 901,000, up 13.9 percent from June and 36.3 percent year-on-year. It’s also the highest rate since December 2006.  The inventory supply timeline fell to 4.0 months,…

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