$1.6 Trillion in Factories Is Coming Home. The Jobs Aren't. Your Absorption Model Doesn't Know the Difference.

Two States Just Repriced Electricity in Opposite Directions. Your Operating Statement Is the Tiebreaker.

80,000 Jobs Were Supposed to Show Up in May. 172,000 Did. That's Worse Than It Sounds.

The Two-Year Box: A Gray Steel Transformer Is Deciding Which Subdivisions Get Built

A gray steel box with a two-year lead time is quietly deciding which subdivisions open — and which permits never become buildings.

The Hospital Closed in March. The Housing Market Has 18 Months to Notice.

When a rural hospital fails, it takes the anchor employer and the desirability floor with it — 18 months before the housing market notices.