June 2018 Employment Statistics for Commercial Real Estate

Report by Barbara Byrne Denham

The U.S. economy added 213,000 jobs in June following an upwardly revised 244,000 jobs in May. Indeed, there is solid momentum in the economy as 2018 passes the halfway mark. Already this year, the U.S. has added 1.29 million jobs, well ahead of the 1.1 million jobs added in the first half of 2017.

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Barbara Byrne Denham is a Senior Economist in the research and economics department at Reis, the team responsible for the firm’s market forecasting, valuation, and portfolio analytics services. Throughout her 20-year career, Barbara has written a number of white papers on the commercial real estate market.