What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
‘Hyperinflation’ of construction materials expected to slow in 2022: ASHA brief
By
Kathleen Steele Gaivin
Feb 10, 2022
Nationally, inflation last year for new construction averaged approximately 14% and in some markets rose to more than 20%, Weitz Co. Senior Vice President Larry Graeve and Chief Estimator Amy Burk wrote...
Inflation ‘tug-of-war’ affects senior living construction
By
Lois A. Bowers
Aug 02, 2019
Inflation “seems to be playing a tug-of-war game” with the construction market, according to a new issue brief written by The Weitz Company for the American Seniors Housing Association.
Inflation, labor shortage continue to affect senior living construction costs
By
Lois A. Bowers
Aug 02, 2017
Inflation, a lack of workers and the price of wood and steel continue to be concerns in seniors housing construction projects across the country, according to a new brief prepared for the American Seniors...
Year-over-year health spending growth highest ‘by far’ for home healthcare
By
Lois A. Bowers
Aug 28, 2024
Year-over-year growth in national health spending in June was highest “by far” for home healthcare, at 20.9%, compared with other major healthcare categories, according to a brief issued late Tuesday...
CCRC occupancy recovery continues, led by independent living
By
Kimberly Bonvissuto
Aug 15, 2024
Continuing care retirement / life plan community occupancy continued to inch upward in the second quarter, with independent living once again achieving the highest levels of occupancy, according to a report...
Job growth in the private sector slowed in July for the fourth consecutive month, with the addition of 122,000 jobs, according to the monthly ADP National Employment Report Economy Lab report, published...
More than half of healthcare workers report stress over state of finances
By
Kathleen Steele Gaivin
Jul 11, 2024
These are challenging times for healthcare workers, with more than half (57%) of them experiencing stress over the state of their finances. That’s according to new research from the Harris Poll and on-demand...
Senior living operators navigate complex landscape of challenges, opportunities
By
Kimberly Bonvissuto
Jul 08, 2024
The senior living industry is at an “inflection point” as it navigates a changing landscape that holds the possibility of significant transformation due to shifting demographics, evolving consumer...
It’s a sellers’ market for prospective senior living residents: report
By
Kimberly Bonvissuto
Jun 21, 2024
As home resale values continue to be strong and the time period to sell a home remains short, now is a good time for prospective senior living residents to consider selling their homes, according to a...