Second estimate versus first (initial): On average, there was a −16,000 jobs/month revision in 2024 (seasonally adjusted).
Third estimate versus second: An additional average revision of −5,000 jobs/month.
Total average downward revision (first to third): roughly −20,000 jobs/month for 2024.
The annual benchmark revision (released August 2024) adjusted aggregate employment for the 12‑month period April 2023 to March 2024 downward by approximately 818,000 jobs, equivalent to about −68,000 jobs/month compared to the initial published series
These differences reflect typical sampling error corrections, but the −818,000 benchmark revision was significantly larger than usual
As of recent estimates, Homeowners Associations (HOAs) in the U.S.) generate approximately $100 billion to $110 billion in annual revenue.
Here’s a breakdown of the numbers: • Number of HOAs: Over 360,000 across the U.S. • Households governed by HOAs: ~75–80 million people, or about 27–30% of the U.S. population. • Average annual HOA fees: Typically range from $200 to $400 per month per household, though this can vary widely depending on region and amenities.
Calculation (rough estimate): • Assume 40 million households in HOAs. • Average fee: $300/month × 12 months = $3,600/year • $3,600 × 40 million = $144 billion/year potential revenue
But not all of that is counted as formal “revenue” due to reserves, unpaid dues, or variable costs. So economists and industry sources usually estimate actual annual revenues around $100–110 billion.
Sources: • Community Associations Institute (CAI) • U.S. Census Bureau housing data • Industry reports on property management and community associations