What if the Economy Remains Resilient? “Former Fed economist John Roberts does an exercise on what a lower 2023 unemployment rate projection (of 4.2%, instead of 4.6%) could do to FOMC’s SEP To keep inflation on the current projected path, the terminal real estimate might go up to 5.6%.” https://jrobertsmacroecon.wordpress.com/2023/02/09/what-if-the-economy-remains-resilient/… To Read the Original Article…
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CPI Rent of Primary Residence “Finally some deceleration showing up in CPI’s Rent Survey — which has a known 12-month lag from headline/spot rents. Jan’s month-over-month increase was smallest since July, and *should* further cool off in coming months if it continues to trail headline/spot rents….” To Read the Original Article Click Here Subscribe to…
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Starting Out as a Real Estate Developer “Scott Choppin is the Founder of the Urban Pacific Group of Companies. He oversees all operations, including business development, capital acquisition, and strategic planning. Ready to learn how to get started in real estate? Welcome, Scott Choppin.” For full transcript click here Expand COMING SOON! Subscribe to our…
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Construction Productivity Steadily Declines “NYT: “Construction productivity has steadily declined over the last 50 years.” The root cause is simple: 1) Too many “stakeholders” with input into a now-broken public permitting process; 2) Regulatory process & ordinances that have spread cancer-like into every step.” To Read the Original Article Click Here Subscribe to our regular…
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Unemployment Rate & Recessions Scott Choppin: “Incoming…” Source: @michaellebowitz Markup/notation: Scott Choppin To Read the Original Article Click Here Subscribe to our regular newsletter and get exclusive access to our next investment opportunity. Recent Posts
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Construction Materials are Piling up in the U.S. “Inventories of construction materials are piling up in the US. Here is the wholesale inventories-to-sales ratio.” Today’s issue of The Daily Shot Brief: https://dailyshotbrief.com/the-daily-shot-brief-february-9th-2023/ To Read the Original Article Click Here Subscribe to our regular newsletter and get exclusive access to our next investment opportunity. Recent Posts
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Putting the Work into Workforce “On this week’s episode, I welcome the CEO and founder of The Urban Pacific Group of Companies, Scott Choppin. Scott shares with us that visiting construction sites early on in his life made him realize that the physical aspect behind building wasn’t exactly what he wanted, but it was the…
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Aggregate Headship Rate “Headship rate rebounded so sharply that it appreciably exceeded its pre-pandemic level in the second half of 2021 before falling back again in early 2022, as the percentage of adults living with family moved back up.” To Read the Original Article Click Here Subscribe to our regular newsletter and get exclusive access…
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MoM Change in National Rent Index “New rent data out today – our national index fell 0.3% MoM in Jan Price declines are moderating, but remain notably sharper than the typical seasonal trend We’ll likely see a return to positive MoM growth soon, but increases should be modest, as the market remains soft.” To Read…
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Conference Board Leading Economic Index “According to the Fed, the most accurate index for determining if you’re in a recession is the Conference Board Leading Economic Index. See AUC value. It currently indicates the U.S. is in recession.” To Read the Original Article Click Here Subscribe to our regular newsletter and get exclusive access to…
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