Dees Stribling
Economy Watch: GDP Growth Consistent in 3Q
Real GDP growth hit 3 percent in the third quarter, according to the Bureau of Economic Analysis, driven by increases in personal consumption expenditures, private inventory investment and other factors.
Economy Watch: CRE Values Slide Again, Ten-X Reports
Prices slipped for the sixth consecutive month in October. A buyer-seller disconnect, investor uncertainty and expectations of interest rate hikes may be contributing.
Economy Watch: CRE Must Use Tech Better, Deloitte Contends
The rise of RE fintech, automation and the talent crunch are among technology-related issues that demand attention from decision-makers, the consulting firm contends in its 2018 real estate industry outlook.
Economy Watch: Industrial Assets Attract Offshore Investment
The asset type has attracted nearly $61 billion in cross-border investment into the U.S., according to a recent CBRE report.
Economy Watch: Architects a Little Less Busy in September
The seven-month streak of steady growth in demand for design services ended in September, with the American Institute of Architects’ Architecture Billings Index dipping to 49.1 for the month.
Economy Watch: Holiday Retail Sales Could Spike This Year
Retailers will likely enjoy a strong holiday season, with e-commerce expected to see a sales increase of 18 to 21 percent this year, according to a new Deloitte forecast.
Economy Watch: Office Vacancies Continue Slow Decline
Suburban office markets set the pace for the decline in the national vacancy rate, according to new CBRE data. Mid-size Sun Belt markets have seen vacancy rates decline over the past year.
Economy Watch: Bioscience Firms Will Pay Premiums for Prime Space
Life sciences employers are willing to pay high rents to be near hard-to-find talent. With laboratory space being scarce and rents continuing to rise, firms are facing the pressure to make their spaces desirable while keeping costs under control.
Economy Watch: Retail Sales Enjoys Strong September
U.S. retail and food services sales increased 1.6 percent compared with August, according to the U.S. Census Bureau, with the auto and gas station categories faring best for the month.
Economy Watch: U.S. Economy Strong, but Susceptible to Geopolitical Risk
Both the U.S. economy and real estate industry are enjoying stable, continued growth, but they remain vulnerable to potential policy changes and Federal Reserve moves, according to Transwestern’s latest report.