Barbara Byrne Denham

Economist focusing on local and regional economies and commercial real estate markets across the US; seasoned NYC public school parent; NYC'er for 25+ years

[Oxford Economics @OxfordEconomics]

We forecast continued #job growth across major #US #metros though rates will cool in the medium term. #SunBelt metros will lead, aided by strong demographics and healthy in-migration. Growth disparities will be widest in office-based sectors.

Read more: https://t.co/HiyoxakCwS

[Barbara Byrne Denham @bbdeconomist]

The same report features a chart on #house #price differences by #metro.

[Oxford Economics @OxfordEconomics]

#GDP growth among #US #metros will slow later this year and next, but considerable momentum remains in the #economy. #Tech metros are forecast to lead, while professional services & retail will provide a strong impetus to #growth in many cites.
Read more: https://t.co/98TxwbTHYl

[Barbara Byrne Denham @bbdeconomist]

The #warehousing #sector has changed dramatically over the years as shown in this interesting gif.

[Oxford Economics @OxfordEconomics]

Looking forward, we expect Riverside to remain the metro with the most warehousing jobs, but Dallas will add more warehousing jobs than any other metro through 2050.

Download our latest chartbook: https://t.co/5wdpEWheop

[Oxford Economics @OxfordEconomics]

Some #manufacturing sectors—#pharma, #autos, #aerospace, #computers & #semiconductors, and #food & #beverage—are seeing strong job growth in many #US #metros. Weight loss drugs, #EVs, the space race, and the #CHIPS Act are helping drive growth.

Read more: https://t.co/eHlRi8rEVC

[Oxford Economics @OxfordEconomics]

Five #manufacturing sectors have contributed significant #job growth in many #US #metros in recent years, at a time when employment in the broader sector has been largely stagnant. https://t.co/6V6mpSM2Sh

[Barbara Byrne Denham @bbdeconomist]

Health care a bright spot in 'disappointing' city jobs report https://t.co/HcLYT1N4V3 via @CrainsNewYork

[Oxford Economics @OxfordEconomics]

After nearly doubling in size from 2017 through 2022, the #warehousing and #storage sector shed #jobs over the last five quarters as the industry corrected for the slowdown in #ecommerce spending growth. https://t.co/kIW8BYSn3s

[Barbara Byrne Denham @bbdeconomist]

Our city reports have been updated on our site. Please let me know if you are interested in subscribing.

[Oxford Economics @OxfordEconomics]

Most metros have had steady #GDP and #job #growth in 2023 but will start to see quarterly declines in Q4 or Q1 2024. At the same time, the #leisure and #hospitality sector will lead overall job growth in most metros.
https://t.co/NukIx0SDtk

[Barbara Byrne Denham @bbdeconomist]

Disappointing July jobs report for the city could be a statistical blip https://t.co/Eh5S3mnHNj via @CrainsNewYork

[Barbara Byrne Denham @bbdeconomist]

Yes, Philadelphia's healthy recovery has been overlooked.
Philly-area job recovery outpaces New York City, D.C., and Baltimore https://t.co/DKLKZGMT69

[Barbara Byrne Denham @bbdeconomist]

@lydiadepillis Great piece, I sent you an email with my college town study. As a city economist, I look at these issues in depth. One thing I'm seeing is that baby boomers are starting to move to a few college towns. The numbers are not overwhelming, but I hope to dig a little deeper.

[Barbara Byrne Denham @bbdeconomist]

Revised #jobs numbers from the #BLS released earlier this week show that far more US metros have recovered from the pandemic than had been estimated. #oxfordeconomics

[Barbara Byrne Denham @bbdeconomist]

@LSchmidtFox5 Sorry Linda, I'm really swamped. I saw the Bloomberg study on the cost of living differences between NYC and elsewhere, but there's too much to comment on and no good soundbite to share. But thanks for asking

[Barbara Byrne Denham @bbdeconomist]

New York City has recovered more jobs than previous estimates had indicated. Revised numbers show the city's job count is only 0.7% below the pre-pandemic peak.
https://t.co/QkzMuQhm7d

[Crain's New York @CrainsNewYork]

Revised job numbers put the city within striking distance of a full pandemic recovery https://t.co/2GLEAm6z4f

[Barbara Byrne Denham @bbdeconomist]

Always good to see steady growth in the city.
City job growth still lags the nation but continues a steady pace https://t.co/912EfYJ1Z4 via @CrainsNewYork

[Crain's New York @CrainsNewYork]

City job growth still lags the nation but continues a steady pace https://t.co/OeoyJBec2d

[Oxford Economics @OxfordEconomics]

House prices have fallen rapidly in several economies over recent months and more pain looks likely in 2023. The speed of these declines is comparable to the worst period of the GFC. Are we heading for a similar nasty global housing bust? https://t.co/OYfNe7dm02

[Barbara Byrne Denham @bbdeconomist]

@ShannonNajma @WSJ As an economist specializing in cities across the US, I cover all MSAs. Much of the Midwest is suffering outmigration, but every metro area has a different story. Feel free to reach out any time.

[Barbara Byrne Denham @bbdeconomist]

Thrilled to share our RB showing largest life sciences metros and counties. NJ employs more in Pharma than any state except CA. My home county, Montgomery, PA, ranks in two of the "top 10" lists.

[Oxford Economics @OxfordEconomics]

#LifeSciences are heavily concentrated in a handful of #US #metros—Boston, San Diego, San Francisco, New York, Washington & Philadelphia. These 6 are well placed to benefit as investors pour money into #Covid19 treatments & #research.

Read more: https://t.co/1oZuyIXovK