Dees Stribling
Economy Watch: Most CRE Sectors to Perform Well in 2018
CBRE’s annual U.S. real estate report revealed a largely positive outlook for the major property types this year.
Economy Watch: CBRE Predicts Slower Office Market Growth in 2018
An influx of new supply and the tight labor market’s impact on tenant demand will drive the slower pace of growth in the U.S. office sector this year, according to CBRE’s latest real estate market outlook.
Economy Watch: Unemployment Stable in Most States
All states have recovered from the worst of the Great Recession, with some seeing spectacular turnarounds, according to recent U.S. Bureau of Labor Statistics data.
Economy Watch: IMF Ups Economic Growth Predictions
The IMF cited factors such as stronger-than-expected activity in 2017 and the macroeconomic impact of tax reform as reasons for its revised growth forecast.
Economy Watch: Top Data Center Markets
Nine of the top 20 markets generating more than 59 percent of worldwide retail and wholesale colocation revenues are in the U.S., according to a new Synergy Research Group report.
Economy Watch: Beige Book Notes Tight Labor Market
Respondents from most of the Federal Reserve districts cited challenges finding qualified workers across skills and sectors, including the construction industry.
Economy Watch: Inflation Modest in December
Rising rents and health care costs were the main drivers in December’s inflation increase, which was the largest since January 2017, according to the Bureau of Labor Statistics.
Economy Watch: Retail Sales Gain Ground in December
Compared to a year ago, retail sales were also up in almost every category, with department stores even eking out an annual gain, the Census Bureau reported.
Economy Watch: Seattle Tops Nation for STEM Job Opportunities
Markets with good STEM employment opportunities are likely to enjoy strong real estate fundamentals as well, according to a recent WalletHub report on Bureau of Labor Statistics data.
Economy Watch: Positive Outlook for Nonresidential Construction in 2018
The Dodge Momentum Index ended 2017 on a high note, which bodes well for construction activity this year.