|Maricopa County Active Listings- 38,814|
|County Listings in July 2010- 36,503|
|Carefree Active Homes Listed- 95|
|Carefree Active listed in July, 2010
Carefree Bank-owned homes- 24
Carefree Homes Under Contract- 12
Carefree Homes sold last 30 days- 5
Cave Creek Active Homes Listed- 330
|Cave Creek Homes Under Contract- 119|
|Cave Creek Bank-owned Homes- 134
Cave Creek homes sold last 30 days- 45
|Scottsdale Active Homes- 2,664|
|Scottsdale Homes Under Contract- 830
Scottsdale Bank-Owned Homes- 958
Scottsdale Homes sold last 30 days- 344
|Paradise Valley Active Listings- 364|
|PV Homes Under Contract- 58|
|Paradise Valley Bank-owned Homes- 82|
|PV Homes sold last 30 days- 30
Top Home Sale in the Valley
last month-6508 N. Desert Fairways Drive, Paradise Valley $5.875 million
The productivity of U.S. workers rebounded even more in the third quarter than previously estimated, showing companies were focused on controlling costs.
The measure of employee output per hour rose at a 2.3 percent annual rate, compared with the 1.9 percent initially calculated and a 1.8 percent drop in the previous three months, revised figures from the Labor Department showed today in Washington. Labor expenses fell.
Gains in payrolls and the workweek so far this quarter indicate companies are coming up against limits on how much more efficiency they can wring from current staff to meet rising sales. General Motors Co. is among businesses planning to boost employment in a bid to take advantage of a growing market.
"Everybody is trying to make do with what they've got," Ken Mayland, president of ClearView Economics LLC in Pepper Pike, Ohio, said before the report. "Demand is growing faster than you're able to squeeze out of the labor force, so some increase in headcount is going to be needed."
Economists projected productivity would increase 2.3 percent, according to the median of 66 forecasts in a Bloomberg News survey. Estimates ranged from increases of 1.9 percent to 2.8 percent.
Labor costs, adjusted for efficiency gains, fell at a 0.1 percent pace, the same as previously estimated. They were projected to fall 0.2 percent, according to the Bloomberg survey median. Expenses in the second quarter jumped 4.9, the most in almost two years, reflecting the Commerce Department's revised data on gross domestic product and personal income issued last week.
The economy expanded at a 2.5 percent annual rate in July through September, more than the 2 percent initially calculated, the Commerce Department reported on Nov. 23.
Corporate profits rose 2.8 percent from the previous three months and have been up every quarter since the first three months of 2009, the GDP report showed. Wages and salaries jumped by $97.4 billion at an annual pace in the second quarter and $51.4 billion from July through September.
Hours worked climbed 1.7 percent from a year earlier, the biggest gain since 2006, today's report showed.