Forbes.com recently released the results of their new American
Dream Index, in which they measure “the prosperity of the middle class,
and…examine which states best support the American Dream.”
The monthly index measures several
different economic factors, including goods-producing employment, personal and
commercial bankruptcies, building permits, startup activity, unemployment
insurance claims, labor force participation, and layoffs.
The national index score was rounded
out to 100 in January and saw a modest jump to 100.5 in February.
Alaska represented the lowest score
on the index at 80.7, due mostly to the recent collapse in oil prices. Nevada
came in with the highest score at 108.8, boosted by big gains in
goods-producing jobs and new construction activity. The full results can be
seen in the map below.
Forbes Senior Editor Kurt Badenhausen explained why many states saw a boost in
the index last month:
“[B]usinesses are hiring in part in
anticipation of tax cuts and less regulation... Many areas of the country have
experienced strong upticks in employment and construction, as well as declines
in unemployment claims since the start of the year.”
Here in our Local Area
We are at 103.3 - above the national index score of 100. Jobs continue to increase, consumer confidence in the housing market is very strong -- as evidenced by the rate that homes are going under contract - often a day after it hits the market. And, I've helped my buyer get a great home in a hot neighborhood before it even hit the market! If you want an agent who gets the results that you want, contact me today!
Elizabeth
Elizabeth Scott, Realtor®, Broker
Diamond Award – High Sales Volume
e-PRO, Strategic Pricing Specialist
ElizabethElizabeth Scott, Realtor®, Broker
Diamond Award – High Sales Volume
e-PRO, Strategic Pricing Specialist
Fathom
Realty NC, LLC
Phone: 919.306.9699
Phone: 919.306.9699
