Dees Stribling
Economy Watch: Consumer Debt Outlook Healthier
There were 82,000 consumers with new foreclosure notations on their credit reports–another low in the 18-year history of that data set, and definite good news for retailers.
Economy Watch: Most Metros Enjoying Stronger Employment
Most local U.S. markets are doing reasonably well in terms of employment, which bodes well for the real estate industry.
Economy Watch: Office, Hotel Sectors Grow as Percentage of GDP
Investment in office properties, along with hotels, have both increased as a percentage of the total economy. Retail, not so much.
Economy Watch: Employment Surges Again in July
Employers found themselves in need of more workers again in July, creating a net of 255,000 jobs in July, according to the BLS.
Economy Watch: Income, Spending Up for Americans in July
Personal income increased in June, which is good news for retailers and their landlords.
Economy Watch: Construction Spending Edges Down in June
Although U.S. construction spending was down in June from the previous month, it did see an increase from the same time last year.
Economy Watch: CRE Prices Enjoy Second-Quarter Growth
After only modest growth in the first quarter, CRE prices saw more significant increases in the second quarter of the year.
Economy Watch: Door Open For Interest Rate Hike Late This Year
The FOMC unsurprisingly decided against an interest rate hike at their latest meeting in July, but they left the door open for a potential hike before the year’s up.
Economy Watch: IMF Warns of Structural Problems in US Economy
While the U.S. economy is in good shape at the moment, continued growth will depend on addressing some prevalent issues such as falling labor force participation.
Economy Watch: CRE Execs Still Mostly Optimistic
Akerman LLP’s latest US real estate report found steady optimism among a majority of industry leaders, who also cited a number of trends likely to impact the market.