Archive for February 2024

NATIONAL ECONOMY The overall outlook in early 2024 is notably more positive in comparison to forecasts made entering last year, as economic indicators continually defied recessionary predictions, despite additional headwinds emerging. The Federal Reserve’s goal of an economic soft landing appears achievable, with most economists anticipating a year of soft, but steady, growth. This cautious…

AUSTIN Corporate Investments Boost Young Renter Population Economic Trends Long-term employment growth in Austin is aided by companies like Tesla, Apple and Oracle relocating or expanding here. Other projects like Samsung’s semiconductor factory underway in Taylor will deliver this year, drawing new residents to staff the facility and support local self-storage demand while employees settle.…