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Economic update for the week ending May 12, 2023
May 13, 2023 Stock markets closed the week with mixed results – This week we saw some positive news on inflation. The April Consumer Price Index (CPI) reported that consumer prices were 4.9% higher than one year ago, its lowest year-over-year increase in ...
Fun Things to Do in San Fernando Valley This Weekend
Apr 28, 2023 Click the link below for weekend events: www.WeekendFun.com
Economic update for the week ending April 15, 2023
Apr 15, 2023 Stock markets ended the week higher on positive inflation reports - This week the CPI (consumer price index), the government’s broadest measure of inflation, showed that consumer prices were 5% higher in March than they were last March. While...
Economic update for the week ending April 1, 2023
Apr 1, 2023 Stock markets higher again this week – Stock markets rose again this week as the banking system appears to have stabilized. The Consumption Price Index, a key inflation index to the Federal Reserve, was released on Friday. It showed that the ...
Economic update for the week ending March 25, 2023
Mar 26, 2023 Stock markets ended the week higher – Stock markets recovered from some of their banking crisis loses this week as investors became more optimistic about the future of interest rates. Bond yields and term interest rates have fallen significan...
Woodland Hills Office Park Sells for $8 Million
Mar 23, 2023 A 48,000-square-foot office park in Woodland Hills has sold for $8.3 million. The office park at 22801 Ventura Blvd. is located on a stretch of Ventura Boulevard which will soon be welcoming new retail and food establishments as part of the ci...
The Arts District’s First High-Rise Starts To Take Shape.
Mar 13, 2023 After one year of construction, the concrete frame of the Arts District's first skyscraper is starting to take shape at 520 S. Mateo Street. The mixed-use development from Carmel Partners, dubbed "Alloy," in social media posts by the develop...
Economic update for the week ending March 11, 2022
Mar 13, 2023 Employers added 311,000 net new jobs in February - The Department of Labor and Statistics reported that 311,000 net new full-time jobs were added in February. That was above the 225,000 jobs economists expected. The unemployment rate rose from ...