About 80% of people subject to mandatory retirement account distributions withdraw more than the required minimum because they need the money.
Corporate Travel
Big corporate travel-management companies are hovering around 50% of 2019 booking levels, much of which is due to the lack of international travel.
Home Values
The value of a typical U.S. home in 2021 was $321,634, an increase of $52,667 from 2020.
Inflation
The Wharton School of the University of Pennsylvania estimates that last year’s inflation required the average household to spend around $3,500 more to achieve the same level of consumption of goods and services as in 2019 or 2020.
Construction Jobs
The number of construction job openings as of January is 380,000, that's up from 299,000 a year prior.
Half Point Increases
Federal Reserve Chairman Jerome Powell said the central bank was prepared to raise interest rates in half-percentage-point steps and high enough to deliberately slow the economy if it concluded such steps were warranted to bring down inflation.
Manhattan Sales
Co-op and condo sales in Manhattan reached record levels last year, in part due to pent-up demand following limited activity in 2020. The median sales price for all apartments in the borough topped $1.1 million, the second-highest level of the past decade.
Home Values
The estimated value of the typical U.S. home rose 19.6% to $321,634 in 2021, an increase of $52,667 from 2020.
Flexible Space
41% of office tenants say they plan to use more flexible space as a result of the pandemic, up from 29% in 2020.
Rate Increase
The Federal Reserve raises interest rates by a quarter point, the first increase since 2018, and signals plans to lift them steadily this year to lower inflation.