Economist focusing on local and regional economies and commercial real estate markets across the US; seasoned NYC public school parent; NYC'er for 25+ years
New York, NY
Joined October 2009
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Barbara Byrne Denham retweeted
We forecast continued #job growth across major #US #metros though rates will cool in the medium term. #SunBelt metros will lead, aided by strong demographics and healthy in-migration. Growth disparities will be widest in office-based sectors.
Read more: okt.to/rwSj6R
The #warehousing #sector has changed dramatically over the years as shown in this interesting gif.
Looking forward, we expect Riverside to remain the metro with the most warehousing jobs, but Dallas will add more warehousing jobs than any other metro through 2050.
Download our latest chartbook: okt.to/0Xpm8W
Barbara Byrne Denham retweeted
Some #manufacturing sectors—#pharma, #autos, #aerospace, #computers & #semiconductors, and #food & #beverage—are seeing strong job growth in many #US #metros. Weight loss drugs, #EVs, the space race, and the #CHIPS Act are helping drive growth.
Read more: okt.to/up3iho
Barbara Byrne Denham retweeted
Five #manufacturing sectors have contributed significant #job growth in many #US #metros in recent years, at a time when employment in the broader sector has been largely stagnant. okt.to/kgRAzY
Health care a bright spot in 'disappointing' city jobs report crainsnewyork.com/economy/he… via @CrainsNewYork
Barbara Byrne Denham retweeted
After nearly doubling in size from 2017 through 2022, the #warehousing and #storage sector shed #jobs over the last five quarters as the industry corrected for the slowdown in #ecommerce spending growth. okt.to/Iko31m
Our city reports have been updated on our site. Please let me know if you are interested in subscribing.
Most metros have had steady #GDP and #job #growth in 2023 but will start to see quarterly declines in Q4 or Q1 2024. At the same time, the #leisure and #hospitality sector will lead overall job growth in most metros.
okt.to/9IvCyE
Disappointing July jobs report for the city could be a statistical blip crainsnewyork.com/economy/ci… via @CrainsNewYork
Yes, Philadelphia's healthy recovery has been overlooked.
Philly-area job recovery outpaces New York City, D.C., and Baltimore whyy.org/articles/philadelph…
Revised #jobs numbers from the #BLS released earlier this week show that far more US metros have recovered from the pandemic than had been estimated. #oxfordeconomics
New York City has recovered more jobs than previous estimates had indicated. Revised numbers show the city's job count is only 0.7% below the pre-pandemic peak.
crainsnewyork.com/economy/re…
Barbara Byrne Denham retweeted
Revised job numbers put the city within striking distance of a full pandemic recovery ow.ly/i3In104xXl3
Always good to see steady growth in the city.
City job growth still lags the nation but continues a steady pace crainsnewyork.com/economy/ne… via @CrainsNewYork
Barbara Byrne Denham retweeted
City job growth still lags the nation but continues a steady pace ow.ly/nr9r104rkcG
Barbara Byrne Denham retweeted
House prices have fallen rapidly in several economies over recent months and more pain looks likely in 2023. The speed of these declines is comparable to the worst period of the GFC. Are we heading for a similar nasty global housing bust? bit.ly/3CXk5R4
Thrilled to share our RB showing largest life sciences metros and counties. NJ employs more in Pharma than any state except CA. My home county, Montgomery, PA, ranks in two of the "top 10" lists.
#LifeSciences are heavily concentrated in a handful of #US #metros—Boston, San Diego, San Francisco, New York, Washington & Philadelphia. These 6 are well placed to benefit as investors pour money into #Covid19 treatments & #research.
Read more: bit.ly/3NaykUO
Please reach out to me if you are interested in our latest report on life sciences and its growth across the US.
Life sciences clusters drive #jobgrowth across several metros | The #lifesciences and related sectors are heavily concentrated in a handful of #metros—Boston, San Francisco, New York, Washington, San Diego, and Philadelphia—more so than most sectors.
bit.ly/39unBqo
Happy to contribute to.. Tech hiring expected to increase this year crainsnewyork.com/technology… via @CrainsNewYork
Why the city’s unemployment rate is not a good economic indicator crainsnewyork.com/economy/un… via @CrainsNewYork