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Econometric Advisors' blog

  • 03-11-2019

    Where are the workers coming from? January and February

    The past year’s job growth is unsustainable without structural change in labor force participation. In the past year, participation has ticked up significantly—from a nine-year decline—but a secular reduction in job growth seems inevitable...
    READ MORE
  • 03-08-2019

    February jobs report: Strong wage growth offsets low job creation

    The U.S. economy added 20,000 jobs in February—far below expectations for 180,000. Unemployment declined 20 bps to 3.8%, while labor force participation remained at 63.2%. Average hourly earnings were up 3.4%, year over year—the strongest growth in 10 years.
    READ MORE
  • 01-31-2019

    U.S. Macro Model Briefing Note

    Econometric Advisors’ U.S. macro model is a compact model that captures the main high-level features and interactions of the U.S. economy, including the macroeconomic variables needed to drive EA’s metro-level real estate forecasts...
    READ MORE

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