By Arlington Economic Development Corporation Salcomp to Establish U.S. Headquarters in Arlington, Creating 660 New Jobs Established in 1973, Salcomp, a global leader in power supplies for mobile and electronic devices from Finland, is expanding its U.S. operations by establishing its headquarters in Arlington, Texas. The company also manufactures sensors with wireless connectivity technology, precision structural […]
by Arben Skivjani After starting the quarter below its long-term average, employment ended September on a high note, with an increase of nearly 254,000 jobs. This brings the total number of jobs created in the first nine months of the year to 1.8 million, which is 24% below the level seen during the same period last […]
By Ben Casselman The U.S. economy added far fewer jobs in 2023 and early 2024 than previously reported, a sign that cracks in the labor market are more severe — and began forming earlier — than initially believed. On Wednesday, the Labor Department said monthly payroll figures overstated job growth by roughly 818,000 in the 12 months that ended in […]
By Charlotte LoBuono The Massachusetts Biotechnology Council, the nation’s oldest biotech trade association, released its 2023 Industry Snapshot on September 6. The report found that biotech and pharmaceutical companies in Massachusetts added more research and development and biomanufacturing jobs than in most other states in 2022. The biopharma R&D workforce in Massachusetts had a year-over-year growth rate of 8.5% […]
The consumer roared back last month with a 3% increase in retail spending that was the largest monthly gain in nearly two years, adding to evidence that U.S. economic growth picked up at the start of the year. The seasonally adjusted jump in U.S. retail sales in January from December, which the Commerce Department reported on Wednesday, […]
U.S. life sciences real estate showed signs of normalizing in this year’s third quarter after setting records in 2021, CBRE says in a new report. Nonetheless, market fundamentals surpass those from before the pandemic. The average lab vacancy rate across the top 12 U.S. life sciences hubs increased to 5.3% in Q3, up 30 basis points […]
Q1 2013 Office Trends from Reis Reports Here are some significant and noteworthy trends from the Office sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports: The office vacancy rate declined 0.1% to 17% at the end of the quarter, […]
