D.C. Stribling
Economy Watch: GAO Finds Hightened Risk Among CRE Lenders
Changes in underwriting standards, property prices and other data suggest that credit and concentration risks have increased in bank CRE lending, according to a new GAO study.
Economy Watch: Most Office Space Under Construction Already Preleased
More than half of new construction is preleased in all but one of the top-10 markets for construction activity, according to CBRE’s latest MarketFlash report.
Economy Watch: Prices for Construction Materials on the Rise
Prices for all 11 subcategories of construction inputs increased year-over-year, and only three saw monthly declines, according to the Associated Builders and Contractors.
Economy Watch: Retail Sales Slightly Down in February
A drop in car sales largely accounted for the monthly decline, according to the U.S. Census Bureau, but which categories did well for the month?
Economy Watch: Employment Stable in Almost All of US
Sixteen states had jobless rate decreases from a year earlier and 34 states and D.C. had little or no change, according to the U.S. Bureau of Labor Statistics latest report.
Economy Watch: Consumer Confidence Buoys Industrial Sector
The U.S. industrial real estate market enjoyed its eighth consecutive year of growth, according to Transwestern’s year-end national report on the sector.
Economy Watch: Economy Creates 310K Jobs in February
The increase in U.S. employment is a considerable boost from January’s revised total of 239,000 jobs, the Bureau of Labor Statistics recently reported.
Economy Watch: Nonresidential Project Planning Up Slightly in February
The month’s increase was the result of an 8.2 percent bump in institutional projects, while the commercial component contracted for the second month in a row, according to the latest Dodge Data & Analytics report.
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.