Wherever Amazon’s HQ2 ended up, there was going to be a significant impact on the selected city. And now that Amazon has announced that half of its prize will go to Arlington County’s Crystal City, VA (the other half going to New York), the news further proves the DC Metro area’s reputation as a business magnet and the east coast’s tech epicenter.
According to the June 2018 job report released by theBureau of Labor Statisticsthe United States has added 213,000 jobs. The total is actually larger than the 200,000 jobs economists had originally projected. Overall, job growth was identified in professional and business services, manufacturing, and health care – and the unemployment rate rose to 4 percent.
April 2018 marked the 91st consecutive month of employment gains. Since 2014, the average monthly job gain has steadily declined. While it may seem alarming, that is actually normal for a recovering economy.
Gallup recentlyreleased reportsindicating that the majority of Americans believe that real estate is the best long-term investment. The esteemed polling organization determined 34% of Americans surveyed choose real estate as the best investment for the fifth straight year.
According to The Wall Street Journal the United States added 103,000 jobs last month – this number was below expectations of 178,000. Overall, the unemployment rate held at 4.1 percent and hiring remained strong.
Late last year I had the opportunity to chat with fellow real estate investor and renowned host of the world's longest running daily real estate podcast, Joe Fairless. He interviewed me for an episode of his podcast, Best Ever Show and it went live last week.