Commercial Real Estate

Publisher’s Note: One of the impacts of the government shutdown is that the Bureau of Labor Statistics has not released any economic data this month. It is only scheduled to release the Consumer Price Index on October 24th to meet statutory deadlines necessary to ensure timely payment of social security benefits. That didn’t stop AU/ABD Economist, Dr. Simon Medcalfe from digging into other numbers. Other economic data is available from the Federal Reserve Bank of Atlanta, although this is based on a range of government data and is unlikely to

A hot June sun did nothing to wilt the enthusiasm of people who attended two events in downtown North Augusta on June 20. One event marked the opening of an access point for the Greeneway at its closest proximity to Downtown Augusta. It is at the intersection of Bluff and West Avenues. Mayor Briton Williams thanked North Augusta Forward, the nonprofit organization founded in 1999 to promote growth, economic development, recreation, and educational programs. “When you have organizations that have like-minded goals, it’s really easy to collaborate. This will be

The Augusta Leading Economic Index (LEI) fell 0.8 percentage points in January from December. It remains 0.4 percentage points higher than January 2023. The major cause of the decline was an increase in initial claims for unemployment insurance, which were up 36 percent in January. Claims were the highest for January in three years. Inflation in the south also continued to be above the national average at 3.7 percent, reducing the purchasing power of consumers. Job openings edged down about one percentage point and are now at the lowest level