University of Michigan Survey: Consumer Sentiment Surges, Inflation Outlook Dips

Consumer Sentiment Surges, Inflation Outlook Dips

Despite concerns of an impending economic slowdown, a survey released on Friday indicates that consumers are increasingly optimistic about the economy and inflation in early 2024. The University of Michigan’s […]

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Employment Rates According to Glassdoor

Employment rates and economy updates according to Glassdoor

November’s robust employment figures didn’t guarantee an effortless economic transition, but they did provide some relief. With a 3.7% unemployment rate and the addition of 199,000 jobs, there’s no hint […]

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Philadelphia’s Education and Medical Economy Leads The Region’s Employment Growth

Health and education jobs surpass Philly region prepandemic report

After losing nearly 520,000 nonfarm jobs peak-to-trough in 2020, the Philadelphia region continues to surpass pre-pandemic employment levels with two industries leading the way: education and health services, and professional […]

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Center City District Says Diversifying Downtown is Key to Philadelphia’s Future

Center City District CEO Paul Levy says diversifying downtown is the key to Philadelphia's future

Three years after the start of the Covid-19 pandemic, Philadelphia’s downtown recovery has both challenges and opportunities. Office buildings have been slow to fill back up while restaurants have rebounded. […]

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Interest Rates and Economy Will Affect building Industry in 2023

how interest rates will affect building in 2023

Especially on the for-sale housing side, the construction market is slowing in the wake of higher interest rates and concerns about a recession in 2023. In November, total construction starts […]

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Warehouse Demand Shows Signs of Cooling for First Time Since Pandemic’s Onset

Warehouse Demand is Beginning to Slow Down

The softening economy is finally catching up with the nation’s industrial real estate as a pandemic-fueled boom in warehouse demand shows signs of slowing. The U.S. industrial vacancy rate ticked […]

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Here’s why CRE deal volume may not see dramatic slowdown in second half of 2022

CRE Volume

Capping off what’s looking to be a robust first half of 2022 for commercial real estate deal flow, at least one major firm is betting on a continued strong outlook […]

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NJEDA COVID-19 Economic Relief Package


NJEDA initiatives aimed at stabilizing and revitalizing local small businesses, midsize businesses, and other early-stage companies. NJEDA has developed an economic stability approach around three core principles 1. Get funding […]

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SBA Disaster Loan Program

The Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the […]

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