State Employment Performance – March 2018
April 26, 2018
By Ted C. Jones, PhD – Chief Economist – Senior VP Stewart Title Guaranty
Jobs are everything to an economy. Period.
The following table shows the top-10 states’ job growth rates for the 12-months ending March 2018 using the 2018 revised data from the BLS (which tweaked numbers all the way back to 1990). In addition to the one-year job growth rate, also included are the overall rankings for job growth over two-, five- and 10-years. These ranks (for the intervals of 1-, 2-, 5- and 10-years) were then summed (the Growth Index Score), with the lowest sum ranked the best overall indicating the top-job performance (the Job Growth Index). When using the Job Growth Index Rank for the four time periods, Utah ranked the best with rankings of 1st in the latest 12-months, 3rd in the past 24 months, 2nd in the 5-year rankings and 1st overall in the past 10-years, when comparing total percentage growth rates. Other than Florida, all but one of the top performing states, Florida, was West of the Mississippi.
The next table shows the 10 worst job growth states. Just one of the states in the bottom-10 posted a Growth Index Score greater the median, the District of Columbia.
Attached is a PDF including respective job performance for all 50 states and the District of Columbia.
As I always state, jobs are everything. Period. Some states have better job growth than others and some do not. But the economy is all about jobs.
County Announces new Plat map procedures
February 16, 2018
Blaine County has announced new procedures regarding the filing of new plat maps. Estimated current year taxes will no longer need to be paid up front to plats that record prior to August 1st. To read a copy of the County’s letter, click here.
Help us welcome Curt Chambers to the team at Blaine County Title!
December 20, 2017
Blaine County Title is pleased to announce the addition of Curt Chambers to our team! Curt will be solely focused on escrow closings, but brings with him close to 25 years of local title and escrow knowledge to our office. Not only are Kathy and I thrilled to be working with Curt, but we feel his presence on staff will only enhance your experience when working with Blaine County Title on y our real estate transactions. Please help us welcome Curt, as well as his family to the BCT Team. Curt’s new contact info can be located here.
Year-end Tax Bill Increases FIRPTA Withholding Rate to 15%
January 26, 2016
Click on the link below to read the full article from the American Land Title Association
Planes, Cranes and Automobiles
January 1, 2016
Wood River Valley Real Estate Market Review by Daryl Fauth. Click on the link below to read the article appearing in the January 2016 issue of SVPN.
Wells Fargo Announces their CFPB Procedures
September 14, 2015
Wells Fargo announced their CFPB procedures that title and escrow companies will follow starting October 1, 2015. They also included timeline goals during the closing process and included a Frequently Asked Question (FAQ) regarding CFPB and how Wells Fargo Bank will handle closings. Click on the link below to read the full Press Release to Settlement Agencies.