Fundamentally Speaking: September Jobs Report Shows Economy Gathering Momentum

In the latest edition of Fundamentally Speaking, Calvin Schnure, NAREIT’s vice president for research and industry information, reviewed the September jobs report and what it says about broader economic trends.

Non-farm payrolls rose by 248,000 in September, according to the Bureau of Labor Statistics. “That’s a solid number just by itself,” Schnure said, adding that prior months were also revised upward. “The weakness in late summer was not quite as pronounced as we thought before.”

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