San Francisco
Construction Spending Flat Since August as Private Outlays Fall 1.9% and Data Centers Rise 19%
Wells Fargo Economics says September-October saw a 0.1 percent dip overall, with public works up 2.1 percent year over year and single-family housing...
California’s Export Growth Stalls as EV Industry Collapses and Trade Share Shrinks
State’s merchandise exports rise just 2 percent while national exports surge 14.7 percent, as electric vehicle shipments plummet 74 percent from prior year...
CBRE Appoints Patrick McGrath as South Bay Market Leader
CBRE announced today that Patrick McGrath has joined the firm as Executive Managing Director of the firm’s South Bay office. McGrath will lead...
U.S. Home Builders Enter 2026 With Sentiment Slipping as Demand Falters
NAHB index falls to 37 in January as 65 percent of builders rely on incentives despite easing mortgage rates The U.S. housing market...
California’s Jobs Crisis Deepens: Nation’s Highest Unemployment Rate Signals Persistent Weakness
Analysis: At 5.5 percent, California ranks dead last among states as manufacturing losses and federal shutdown complications mask true extent of labor market...
Small Business Optimism Climbs to 99.5 as Economic Uncertainty Falls to Seven-Month Low
Policy clarity and monetary easing drive nine-point jump in near-term outlook despite persistent labor challenges American small business owners closed out 2025 with...
Trump Administration Unveils Housing Market Interventions to Address Affordability Crisis
New policies target institutional investors and mortgage rates, though implementation details remain sparse The Trump administration launched two major housing policy initiatives this...
Labor Market Treads Water as Job Growth Stalls in Final Month of 2025
December payrolls rose just 50,000 while unemployment edged down to 4.4 percent, leaving Fed likely on hold for January meeting The U.S. labor...
U.S. Housing Construction Starts Slide 4.2% to a 1.25MM Pace as Builders Pull Back
Elevated inventories, affordability pressures and uneven demand keep residential construction subdued After several years in which housing construction helped buffer the economy against...
Data Challenges Narrative on Institutional Investors and Homeownership Crisis
U.S. Lost 1.5 Million Single-Family Rentals as Individual Homebuyers Outcompeted Investors, Contradicting Claims About Institutional Impact on Affordability The heated debate over institutional...
Consumer Prices Expected to Rise 0.35% in December After Data Collection Issues
Wells Fargo forecasts 2.7 percent year-over-year headline inflation, down from September peak despite monthly rebound The longest government shutdown in U.S. history created...
Manufacturing Sector Closes 2025 With 10th Consecutive Month of Contraction, ISM Index at 47.8
Employment gauge shows modest improvement despite persistent weakness in new orders and production activity The disconnect between America’s booming overall economy and its...
