Posted by: BayAreaComRE | March 17, 2010

Current State of the US Economy – Happy St. Patrick’s Day!

For Saint Patty’s day we thought we’d get everyone riled up with some graphs about the current state of the US Economy. We’ll be honest, it’s not pretty. Do yourself a favor, review these slides, go out and enjoy the lovely Bay Area sun, and stimulate the economy by having some green beers!

Summary:

Slide 1- Coincident Indicators – Flat or Down
Slide 2 – Consumer Sentiment – Low
Slide 3 – Unemployment Rate – High
Slide 4 – Unemployment Claims – Increasing (again)
Slide 5- US Payroll Employment – Decreasing
Slide 6- Office Using Employment – Flat
Slide 7- Payroll Employment US compared with NYC – Both down and decreasing
Slide 8- Payroll Employment US compared with LA- Both down, LA bad
Slide 9- Payroll Employment US compared with Washington DC- Both down, DC Better than US
Slide 10- Employment Change from Peak – LA, Chicago, Phoenix are the worst (in #’s)
Slide 11- Office Using Employment Change from Peak – LA, Chicago, NYC are the worst (in #’s)
Slide 12- Employment Change from Peak – LA, Chicago, Phoenix are the worst (in %’s)
Slide 13- Office Using Employment Change from Peak – LA, Chicago, NYC are the worst (in %’s)

Thank you to Cushman & Wakefield’s Research Group for compiling the slides.

Cheers!

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