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All Forum Posts by: Nirav Shah

Nirav Shah has started 3 posts and replied 6 times.

Post: Viz Alert 3 - Jobless Claims

Nirav ShahPosted
  • New to Real Estate
  • Boston, MA
  • Posts 6
  • Votes 8

@Colleen F. I think not just the tourism but overall service industry has been hit really hard. One of the section in my viz is showing % of claims of state's total workforce. PA, NV, RI, WA, HI, MI and KY tops the list in that category. And yes I agree, most of the states are overwhelmed and these are just initial claims (unadjusted numbers). But we should get better picture as weeks progresses.

Post: Viz Alert 3 - Jobless Claims

Nirav ShahPosted
  • New to Real Estate
  • Boston, MA
  • Posts 6
  • Votes 8

Viz Alert 3 - Jobless Claims 

Series: Department of Labor - weekly unemployment claims

10 million workers file jobless claims in the last two weeks of March as the all-out effort to slow the coronavirus slammed the economy. The 6.65 million jobless claims filed in the week ended March 28 were more than double the previous record of 3.31 million in the prior week, totaling as many claims in two weeks as in the first six months of the Great Recession.

The states recording the biggest increases last week were California (878,727), Pennsylvania (405,880), New York (366,403), Michigan (311,000), Texas (276,000), Ohio (272,000), Florida (227,000) and New Jersey (206,000) based on unadjusted data.

Percent increase in weekly unemployment claims from last week, ending March 28, was even higher than the previous week’s record-breaking total. Only Minnesota, New Hampshire, Nevada, and Rhode Island saw a mild decrease in new claims. 

#DatadrivenREI #Dataviz #DataAnalytics #Tableau

Post: Viz Alert 2 - Variance in U.S. Population Distribution

Nirav ShahPosted
  • New to Real Estate
  • Boston, MA
  • Posts 6
  • Votes 8

Viz Alert 2 - Variance in U.S. Population Distribution
Series : US Census ACS 5 - Population Estimate (2018)

Viz Link: https://public.tableau.com/pro...

According to Census, the nation’s population in 2018 was 326.29M. By population, the United States of America is the 3rd largest country in the world, behind China (1.39 billion) and India (1.31 billion). At 3.8 million square miles (9.8 million km2), it is the world's third or fourth-largest country by total area. The climate of the United States varies due to changes in latitude, and a range of geographic features, including mountains and deserts. Today most Americans live in cities or suburbs, places which are generally very densely populated. While some of us choose to reside in sparsely remote places. Due to these factors, an extreme variation in the U.S. Population Distribution can be seen in the below visualization.

Please Don’t forget to like, share and follow the page - https://www.facebook.com/Location-Pulse-104967844448515

#DatadrivenREI #Dataviz #DataAnalytics #Tableau
Inspiration - @jeff_desjardins (visualcapitalist)

Post: Viz Alert - Slowing Population Growth of the United States

Nirav ShahPosted
  • New to Real Estate
  • Boston, MA
  • Posts 6
  • Votes 8

@Stace Caseria I am glad you like the post. At this point I don't have age segment built in. Lately, I have been working on one of my side projects, creating a data warehouse and collecting information about US demographics from the Census Bureau, Bureau of Labor Statistics, Department of justice and other various systems. My idea is to build a system that can compare the differnt data points like population, median household income, crime rate, employment rate etc. and find the right location. I will be posting more in coming days. 

Post: Viz Alert - Slowing Population Growth of the United States

Nirav ShahPosted
  • New to Real Estate
  • Boston, MA
  • Posts 6
  • Votes 8

@Bjorn Ahlblad Thank you! Yes, the US Population growth is slowing down and the overall market is very tight but State and local pattern is different. For example,Idaho is one of the fastest growing states and housing market is little reasonable compare to New York state which is actually losing the population. If we can leverage the data points and find pattern early before the market gets hot, we should be able to find decent deals.

Post: Viz Alert - Slowing Population Growth of the United States

Nirav ShahPosted
  • New to Real Estate
  • Boston, MA
  • Posts 6
  • Votes 8

Population Growth in United States
Series : US Census ACS 5 - Population Estimate (2000-2018)

Population growth is one of the most common and important measures when doing due diligence for Real Estate Investment. An increase in population creates a demand and helps the economy to grow. Explore the viz to find out why It’s more than ever critical to pay attention to population data points for your investment.

Highlights:

1. In 2018, population growth hits the lowest in a century

Since 2010, the nation’s population growth has been steadily decreasing

2. The national pattern does not necessarily reflect what is happening in states and regions

3. From West - Oregon, Idaho, Arizona, Nevada, and Colorado are among the top population gainers

4. In South - Texas, Florida, South Carolina, North Carolina, and Texas are adding more people every year.

5. NorthEast and MidWest regions are losing population - New York, New Jersey, Connecticut, Illinois, and West Virginia are the biggest population drainers

6. Viz will also highlight top/bottom cities by states.

Viz Link: https://public.tableau.com/profile/nirav.shah1935#!/vizhome/PopulationGrowth_15831677143350/USPopulationGrowth