Real estate businesses looking to move forward with their strategic plans during the downturn while preserving equity may just have another tool in their tool belt: Commercial Property Assessed Clean Energy programs, or C-PACE. C-PACE, a public-private financing option, allows commercial property owners to obtain low-cost, long-term financing for capital expenditures that impact energy and water performance of commercial and multi-family real estate. … READ MORE >
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February jobs preview: Winter doldrums ahead of a springtime rebound
We expect a total increase in employment of 105,000 jobs for February—with the unemployment rate holding steady at 6.3%—when the Labor Department releases its monthly data on Friday. … READ MORE >
RSM UK Financial Conditions Index is positive as budget is introduced
With the introduction of the latest U.K. budget, we anticipate that financial conditions are conducive to a reflation of the U.K. economy and growth rates at or above 4% this year with risk of a quick pace of growth. … READ MORE >
U.S. inflation outlook: Don’t believe the hype
Concerns about inflation risk are premature and overblown. Current monetary policy is well-positioned to support the reflation of the domestic economy, a return to full economic potential later this year and full employment over the next three years. … READ MORE >
3 things to know this week in energy: Texas’ grid, oil prices and Canadian crude-by-rail exports
All eyes remain on Texas and the state’s energy grid operator in the aftermath of a devastating winter storm, oil prices responded positively to the U.S. House passing a new COVID-19 relief bill, and Canadian crude-by-rail exports are rebounding after a rough 2020. … READ MORE >
RSM US Manufacturing Outlook Index: A sustained recovery as rebound takes shape
For the seventh consecutive month, the RSM US Manufacturing Outlook Index increased, showing above-normal manufacturing sentiment. … READ MORE >
CHART OF THE DAY: Closing out the gap year
A recent study by the Federal Reserve Bank of St. Louis found sharp downturns last year in enrollments of freshman at four-year and two-year public colleges, and a moderate downturn at private four-year nonprofit colleges. … READ MORE >
5 things to know in life sciences: Week of Feb. 22
In this week’s roundup we look at the latest news on Johnson & Johnson’s vaccine, a federal effort to expand genomic sequencing to track new COVID-19 variants, a major merger in the industry, and more.
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Government transfers fuel robust income and spending: Incomes ex-transfers illustrate need for additional stimulus
Government transfers from the end-of-year $908 billion fiscal aid package were the primary catalyst for the 10% increase in income and the 2.4% jump in spending, a robust kickoff to what is going to be one of the more memorable years in economic activity in decades. … READ MORE >
Top energy trends for oil and gas companies to watch in 2021
2020 was a volatile year for the energy industry. Many challenges remain as the pandemic continues, the energy transition accelerates, and policies change under the Biden administration. Here are eight key energy trends oil and gas companies should watch. … READ MORE >