Dees Stribling
Economy Watch: NAIOP Highlights Importance of CRE to US Economy
Commercial real estate development and operations supported 7.6 million jobs and contributed more than $930 billion to U.S. GDP in 2017, according to NAIOP’s recently released annual study.
Economy Watch: Investors to Buy More US CRE in 2018
Eighty-eight percent of investors responding to CBRE Americas’ new Investor Intentions Survey said they plan to maintain or increase their spending this year.
Economy Watch: Construction Spending Stands Pat in January
Construction in some major property types were down for the month, including office and industrial, according to a recent U.S. Census Bureau report.
Economy Watch: Employment Continues to Strengthen State-by-State
Many states came close to full employment in 2017, with seven states recording their lowest unemployment rates in more than 40 years, according to the latest U.S. Bureau of Labor Statistics report.
Economy Watch: CRE Cap Rates Mostly Stable in 2H 2017
Despite strong global capital inflows into U.S. commercial real estate, CBRE expects higher interest rates and inflation will put pressure on cap rates this year.
Economy Watch: CRE Prices Up Slightly in February
The increase in investment prices marks the first gain after nine months of contraction, according to Ten-X’s latest Commercial Real Estate Nowcast.
Economy Watch: Robust Economic Growth Ahead in First Half of 2018
Strong leading economic indicators and consumer confidence bode well for the U.S. economy this year, according to The Conference Board’s recent reports.
Economy Watch: Outdoor Recreation Has Surprising Economic Importance
A new Bureau of Economic Analysis report details a small but important sector of the economy that is adding value to real estate-related fields.
Economy Watch: E-Commerce Sales Continue to Surge
For each quarter of the last four, Internet-based sales have grown by double digits compared with the year before, according to the U.S. Census Bureau.
Economy Watch: Construction Costs Still Rising in Major Metros
Led by two California markets, all but one of the 12 major metros tracked by Rider Levett Bucknall posted an increase last year