Article From COVID19.CA.gov As California reopens, every business will need to create a safer, low-risk environment. If you own or manage a business, follow the guidance below to protect your workers and customers. The industry-specific guidance below applies to businesses statewide. Review the guidance that is relevant to your workplace, make a plan, and put it into action. Post your Meet Our Team
Archives for June 2020
The Shocking News in the Unemployment Report
Last Friday, the U.S. Bureau of Labor Statistics released their May Employment Situation Summary. Leading up to the release, most experts predicted the unemployment rate would jump up to approximately 20% from the 14.7% rate announced last month. The experts were shocked. The Wall Street Journal put it this way: “The May U.S. jobless rate fell to 13.3% and employers added 2.5 million jobs, Meet Our Team
Benefits of Homeownership May Reach Further Than You Think
More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They’re evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today, 65.3% of Americans are able to call their homes their own, a rate that has risen to its Meet Our Team
This Summer Is the 2020 Real Estate Season
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate season is shifting into the summer. In 2020, summer is the new spring for real estate. Joel Kan, Economist at The Mortgage Bankers Meet Our Team
Decline in Travel spending – Impact on Truckee
With much reliance on its tourism industry, Truckee is preparing for the economic impact from losses in visitor spending due to the outbreak of COVID-19. In early May, Tourism Economics released a report that projected California will lose $72.1 billion in travel-related spending in 2020. The lost amount is nearly half of what the state generated in 2019. “If 50% is the baseline used to forecast Meet Our Team
Truckee Tourism Economic Impact; 50% Decline in Travel Spending Possible
FOR IMMEDIATE RELEASE VISIT CALIFORNIA’S FORECAST FOR 50% DECLINE IN TRAVEL SPENDING FOR 2020 SUGGESTS DEEP ECONOMIC IMPACTS FOR TRUCKEE, CALIFORNIA Coronavirus pandemic has significant implications on Truckee’s tourist-based economy; economic impact report demonstrates importance of tourism to sustain community’s essential services and way of life TRUCKEE, Calif. (June 1, 2020) Meet Our Team