by SVN | CAG | Mar 5, 2021
Most of the job gains were in the leisure and hospitality sectors. The US economy showed its clearest sign yet of recovery with February’s unemployment report released this morning by the Bureau of Labor Statistics: Some 379,000 jobs were added to US payrolls last...
by SVN | CAG | Jan 18, 2021
Interest Rates The yield curve, a measure of interest rate differences between short-dated and long-dated securities, has similarly continued along a path of recent recovery. A steep sloping yield curve is considered a market predictor of positive future economic...
by SVN | CAG | Dec 30, 2020
New Economic Stimulus Agreement Congress agreed to a $900B economic relief package on December 20th, and the legislation passed both chambers on December 21st. Assuming it is signed into law, the bill will include $600 direct payments to each adult plus an additional...
by SVN | CAG | Dec 22, 2020
The bill extends temporary relief from Troubled Debt Restructuring under the CARES Act for an additional year, to January 1, 2022. Finally, Congress has passed another stimulus measure. A $900 billion bill that includes several provisions beneficial to commercial real...
by SVN | CAG | Dec 18, 2020
Unemployment The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...
