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 2.1 million jobs and averaged…
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As the seniors housing and care industry’s leading data provider, NIC tracks occupancy, rental rates, supply and construction data for independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRCs)/life plan communities (LPCs). Through the NIC MAP® client portal, subscribers have access to robust web-based tools and reports, including market-level summaries and historical time-series data for…
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Key Takeaways from the Third Quarter 2017 Report
NIC has just released its third quarter 2017 Skilled Nursing Data Report, which includes key monthly data on skilled nursing metrics from October 2012 through September 2017.
The current report is based on data collected monthly, but reported quarterly, from approximately 20 operators and 1,500 properties. The data represents national, aggregate figures. …
Topics:
Aging,
Data,
Managed Care,
Market Study,
Medicaid,
Medicare,
Nursing Care,
Occupancy,
Quarterly Report,
Seniors Housing,
Skilled NursingThe 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 in November. Health care has…
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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 returns slightly outpaced seniors housing…
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