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Friday, September 02, 2016 11:30 AM (EDT) • Federal Reserve Bank of Richmond 701 East Byrd Street, Richmond, VA 23219

News

Homeownership Rate

04/28/2016 10:00 AM EDT

The homeownership rate in the first quarter 2016 was 63.5 percent, down 0.2 (+/- 0.4)* percentage points from the first quarter 2015 rate of 63.7 percent. The homeownership rates in the Northeast, Midwest, South and West were not statistically different from the rates in the first quarter 2015.

1st Qtr 2016: 63.5 percent
1st Qtr 2015: 63.7* percent

Rental Vacancy Rate

04/28/2016 10:00 AM EDT

The rental vacancy rate in the first quarter 2016 was 7.0 percent, down 0.1 (+/- 0.4)* percentage point from the first quarter 2015 rate of 7.1 percent. The rental vacancy rates in the Northeast, Midwest, South and West were not statistically different from the rates in the first quarter 2015.

1st Qtr 2016: 7.0 percent
1st Qtr 2015: 7.1* percent

  

 (*) The 90% confidence interval includes zero. The Census Bureau does not have sufficient statistical evidence to conclude that the actual change is different from zero.

 (°) Statistical significance is not applicable or not measurable for these surveys. The Manufacturers’ Shipments, Inventories and Orders estimates are not based on a probability sample, so we can neither measure the sampling error of these estimates nor compute confidence intervals.

(r) Revised.

All estimates are seasonally adjusted except for the Rental Vacancy Rate, Home Ownership Rate, and Quarterly Financial Report for Retail Trade. None of the estimates are adjusted for price changes.

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Opportunities

ECONOMIST

Richmond, VA

The Research division of the Virginia Economic Development Partnership (VEDP) seeks an Economist to research, track, and analyze fiscal, economic, marketing, and industry issues.  This work supports VEDP’s goals of helping companies to create jobs and make capital investments in Virginia.

Application deadline:  June 20, 2016.

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