Dees Stribling
Economy Watch: CRE Prices Edge Down in December
The Ten-X Commercial Real Estate Nowcast posted its eight consecutive month of contraction, with pricing just 1 percent higher than a year ago.
Economy Watch: Hiring Less Robust in December
Despite lower overall job creation, employment gains occurred in industries that support real estate space absorption, such as health care, construction and manufacturing.
Economy Watch: Construction Spending Up in 2017
During the first 11 months of 2017, construction spending nationwide amounted to $1.14 trillion, 4.2 percent more than for the same period in 2016, the U.S. Census Bureau reported.
Economy Watch: US Continues to Shift Westward, Southward
The Mountain and Pacific West regions are drawing in the most Americans, while the Northeast and Midwest continue to lose residents, according to a recent United Van Lines study.
Economy Watch: Some 12K Stores at Risk of Closure in 2018
Despite a strong holiday season, retailers will still face a wave of closures in 2018 that will likely surpass the 9,000 stores closed in 2017, according to recent Cushman & Wakefield estimates.
Economy Watch: Retailers Get a Holiday Gift
This season, sales made their best showing since 2011, thanks to online shopping, early-season promotions and a comeback by some struggling categories.
Economy Watch: Most State Economies Improved Over Last Three Months
The Federal Reserve Bank of Philadelphia’s latest coincident indexes point to strong economic conditions in most of the 50 states.
Economy Watch: 2018 to Be Another Good Year for CRE
As we head into 2018, we can expect stability in the U.S. economy and real estate market, according to a new LaSalle Investment Management report. But how will individual sectors perform?
Economy Watch: Retailers Likely Had Strong Holiday Season
While the data is still being complied, increases in consumer confidence and personal incomes are positive indications that retail sales were up this holiday season.
Economy Watch: GDP Up 3.2% in 3Q
U.S. real GDP growth improved a bit in the third quarter, indicating economic growth remains steady as we head into 2018.