Highlights from this snapshot: Home prices continue to rise nationally. According to the National Association of Realtors, median sales price nationwide is now $257K, compared to around $190K in 2012. Fewer “starter homes” are being built, which is exacerbating the affordability crisis. In metro Atlanta, 44% of home buyers have incomes above $100K, meaning [...]
The Opportunity Zones Program, enacted in 2017 as part of the Tax Cuts and Jobs Act, is designed to encourage long-term investment in economically distressed rural and urban neighborhoods across the country. Opportunity Zones are census tracts that have been nominated by governors and certified by the U.S. Department of the Treasury to receive [...]
This month’s Regional Snapshot provides an overview of the most relevant trends in our metro economy- topics include job growth by sector, changes in wage levels, and trends in residential and commercial (by type) permit and construction activity. Highlights from this snapshot: Metro Atlanta continues to be a national leader in job growth, though [...]
Our most recent update of The Quarter analyzes economic data in metro Atlanta for Q3 2018. The Quarter includes data on employment, home price indices, building permits, retail and office space, and more, with the goal of identifying what areas of our economy are striving and what areas are slower to recover. Visit The [...]
This week's Friday Factday is the last post in our three-part series visualizing Occupational Employment Survey (OES) data for 2017 from the Bureau of Labor Statistics (BLS). In our first post post using the OES data, we provided an interactive tool for comparing occupations by total employment, median annual wages, and the prevalence of regional employment in [...]
In this Friday Factday, we are taking another look at the Occupational Employment Survey (OES) data from the Bureau of Labor Statistics (BLS). In a previous post using the OES data, we provided an interactive tool for comparing occupations by total employment, median annual wages, and the prevalence of regional employment in each occupation to [...]
Today, the first day of winter, is recognized annually as National Homeless Persons Remembrance Day. Sponsored since 1990 by the National Coalition for the Homeless and the National Health Care for the Homeless Council, this day of recognition is intended to bring attention to the nation's homeless population and to encourage action for their [...]
The Opportunity Zones Program, enacted in 2017 as part of the Tax Cuts and Jobs Act, is designed to encourage long-term investment in economically distressed rural and urban neighborhoods across the country. Opportunity Zones are census tracts that have been nominated by governors and certified by the U.S. Department of the Treasury to receive [...]
How do local governments decide where to invest public funds? Better yet, how can local governments help ensure that these investments are distributed to projects in an equitable manner? Unfortunately, there is no single, easy answer. However, the Atlanta Regional Commission (ARC) has created an interactive equity analysis tool to help address these questions. [...]
