Author Archives: marcusmillichap

Hessam Nadji is…

Drilling Under the Surface: Lower Oil Prices a Boon to Economy and Hiring

December 10, 2014 The U.S. economy could get a boost in the fourth quarter as tumbling oil prices support increased consumption and lower costs for manufacturing companies and shipping services. With oil prices down 42 percent since last June to $63 per barrel, consumers save approximately $200 million per day in gas expenses, which may […]

Hiring Sets Aggressive Pace in November; On Track for Best Performance Since 1999

December 5, 2014 U.S. employers were in a festive mood in November as the holiday season approached, hiring the most workers in any month in nearly three years. Job creation was deep and broadly distributed, benefiting nearly every sector. Although the unemployment rate remained unchanged, other indicators point to tightened labor market slack. This will […]

October Payrolls Surpass 200,000 for Ninth Month; Tepid Wage Growth Keeps Lid on Inflation

November 11, 2014 Employers stared down pre-election anxiety and tensions in the Middle East to significantly expand payrolls in October. Following last month’s hiring, total employment exceeds the pre-recession peak by 1.3 million jobs. With the U.S. economy gathering momentum and the Federal Reserve recently ending its stimulus campaign, the focus will increasingly shift to the timing […]

Retail Sales Ease Back in September; Broader Economic Momentum Still Advancing

October 15, 2014 The softer than anticipated economic news of recent weeks aligned with economic weakness emanating from European and Asian markets to drive investment capital into U.S. Treasurys and other safety vehicles. Recent volatility in the equity markets had already placed investors on edge, and the slight downturn in retail sales together with a […]

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