Industrial Market Steadies as Supply and Demand Find Firmer Footing

Rents are still climbing, supply is moderating, and e-commerce is doing some heavy lifting.

October 05, 2026

Arlington Bets on Retail and Mixed-Use to Outgrow Its Stadium-Town Roots

Arlington is courting developers to turn its stadium district into a year-round retail and mixed-use destination.

October 05, 2026

In Manhattan, Dollar Volume Climbs While Fewer Buildings Trade

Manhattan is pacing toward more investment-sales dollars than 2025 even as fewer buildings change hands, an eighth straight year with transaction velocity below its long-term average.

October 01, 2026

View All Reviews

Briefs National Industry News

September Jobs Gain Falls Short at 29,000 as Rate Hits 4.2%

The U.S. added only 29,000 jobs in September, far below expectations, while July and August were revised down by a combined 60,000, RealPage reports.

October 5, 2026

Nina Dale

The U.S. economy added 29,000 jobs in September on a seasonally adjusted basis, well short of economists’ expectations, and July and August were revised down by 60,000 combined.
Education and health services led gains at 20,000 jobs, while government lost 17,000 jobs, mostly in local government outside education.
Unemployment edged up to 4.2%, staying inside the 4.1% to 4.3% range it has held since March, which RealPage’s economist describes as resilient but sluggish.

Key Takeaways

U.S. employers added just 29,000 jobs in September, far below economists’ expectations, according to RealPage Analytics.

Revisions also cut July and August employment by a combined 60,000 jobs, which put July back to its original net loss.

Where Jobs Grew

Gains were moderate and concentrated. Education and health services added 20,000 jobs, trade, transportation and utilities added 18,000, and construction added 11,000.

Leisure and hospitality, last month’s leader, gained only 10,000 as the summer hiring season ended. Manufacturing and other services also posted modest gains.

Where Jobs Fell

Government shed 17,000 jobs, mainly in local government outside education. Professional and business services and mining and logging swung from gains in August to losses in September.

Financial services and information continued to lose jobs.

Why It Matters

RealPage economist Chuck Ehmann describes the labor market as resilient but sluggish. The headline unemployment rate rose slightly to 4.2% and has stayed between 4.1% and 4.3% since March.

Job growth feeds office, retail and apartment demand, so a weak monthly print and downward revisions give CRE investors and operators less cushion to lean on.

What’s Next

The next Bureau of Labor Statistics report will show whether September’s weakness was a one-off or the start of a longer slowdown, and whether revisions keep running lower.