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Economy Watch Weekly: The Solution for Struggling Malls
Changing up the tenant mix to include retail categories with higher sales growth is key for U.S. malls to survive, according to a recent CBRE report. Economy Editor Dees Stribling discusses all things retail, for the week ending Sept. 15, 2017.
Economy Watch Weekly: Retail, Industrial Jobs Susceptible to Automation
Eighty percent of jobs in industrial-related industries and 63 percent of jobs in sales are at risk of disappearing as technology advances, according to a recent Citi report. Economy Editor Dees Stribling has the latest, for the week ending Sept. 8, 2017.
C&W to Lease Suburban Boston Office Complex
The recently renovated Highwood Office Park is located 18 miles northwest of Boston and includes a series of modern suburban amenities such as high ceilings and a fully-equipped fitness center.
Economy Watch Weekly: Middling Month for Job Creation
The number of jobs created in August was below this year’s average monthly gain, the Bureau of Labor Statistics reported. The month’s report did not include Hurricane Harvey’s impact on employment. Economy Editor Dees Stribling discusses the full report, for the week ending Sept 1., 2017.
Economy Watch Weekly: Rent Prices Pose Challenge for All Generations
Millennials aren’t the only generation feeling the pressure of high rents in the nation’s 100 most populous MSAs, according to a recent ABODO report. Economy Editor Dees Stribling discusses the report, for the week ending Aug. 25, 2017.
ABQ Embraces Live-Work-Play at Lobo Rainforest Building
A $35 million, 160,000-square-foot mixed-use building replaced the old First Baptist Church site and will house students, Innovate ABQ tenants and UNM’s Innovation Academy.
Boat Manufacturer Expands Dorchester County Operations
Sportsman intends to invest $3.5 million in a 70,000-square-foot addition to its existing facility. The company expects to create 100 new jobs.
Economy Watch Weekly: Consumers Go Shopping in July
Economy Editor Dees Stribling discusses the surprising boost in retail sales for the month, and which categories fared better than others.
JV Scores Marriott Franchise Agreement for Hotel Development
Bellefield Development and The Shaner Hotel Group will build a soft-branded Residence Inn in Hyde Park, N.Y. The 133-key project will be the first of two hotels set to be constructed on a 339-acre site.
Economy Watch Weekly: Economic Growth in Sight
The consumer price index rose 0.1 percent in July, according to the Bureau of Labor Statistics. Economy Editor Dees Stribling breaks down economic growth.