NIC | CARES BLOG
A place for connections, analysis, research, and education on seniors housing and care

U.S. economy created 148,000 jobs in December 2017

The Labor Department reported that there were 148,000 jobs created in the U.S. economy in December.   This was below the consensus expectation of 190,000 jobs.  This marked the 87th consecutive month of positive job gains for the U.S. economy.  Revisions subtracted 9,000 jobs to the prior two months.  For all of 2017, the economy generated […]

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NIC MAP Introduces New Feature: Trade Area Search by Drive Times & Traffic Flows

The NIC MAP Data Service recently unveiled its latest product enhancement to the NIC MAP Local Property Search tool as it introduced a new class of trade areas based on drive time or driving distance from a seniors housing, skilled nursing property or targeted location.  Drive-time analysis allows a user to customize a trade area […]

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U.S. economy created 228,000 jobs in November 2017

The Labor Department reported that there were 228,000 jobs created in the U.S. economy in November.   This was above the consensus expectation of 200,000 jobs.  This marked the 86th consecutive month of positive job gains for the U.S. economy.  Revisions were minimal, adding 3,000 jobs to the prior two months. Health care added 30,000 jobs […]

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Seniors Housing Annual Total Returns Continue to Outpace Other Commercial Real Estate

Returns Strong. Third-quarter investment return data for the NCREIF-reported seniors housing properties equaled 2.73%, composed of a 1.38% capital return and a 1.36% income return. The annual total return through the first quarter of 2017 was 12.72%, overshadowing the NCREIF Property Index (NPI) result of 6.89% and the apartment result of 6.22%. However, industrial total […]

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U.S. economy created 261,000 jobs in October 2017.

The Labor Department reported that there were 261,000 jobs created in the U.S. economy in October.   This was below the consensus expectation of 310,000 jobs.  The smaller than expected October increase may have reflected upward revisions to the September employment estimates which showed that the effects of the hurricanes were less than initially reported.  Indeed, […]

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