{"id":1004555954,"date":"2021-10-28T22:11:30","date_gmt":"2021-10-29T06:11:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004555954"},"modified":"2023-01-30T06:59:25","modified_gmt":"2023-01-30T14:59:25","slug":"global-economy-keeps-improving-but-momentum-is-slowing","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/global-economy-keeps-improving-but-momentum-is-slowing\/","title":{"rendered":"Global Economy Keeps Improving, but at Slower Pace"},"content":{"rendered":"
\"\"<\/a>

Tarrant Parsons, Economist, RICS. Image courtesy of RICS<\/p><\/div>\n

It\u2019s been a strong year for the global economy so far, with a lot of lost ground made up. And with employment levels picking up and business confidence improving as vaccination programs progress, trends on the occupier side of the market should continue to improve as we get closer to the year-end.<\/p>\n

However, the RICS Global Commercial Property Sentiment Index<\/a> Property Monitor for the third quarter of 2021 suggests that sentiment among professionals working in the real estate industry has changed little compared with the preceding three months, indicating that the pace of the economic recovery has slowed down compared to the first half of the year.<\/p>\n

\"Economic<\/a>

Image by Markus Spiske via Unsplash<\/p><\/div>\n

Unsurprisingly, the industrial\/logistics sector<\/a> continues to grow strongly, followed by multifamily and data centers. The office sector is also showing signs of improvement in several areas of the world, particularly in Europe.<\/p>\n

In the latest episode of the RICS quarterly podcast series with Commercial Property Executive Senior Editor Laura Calugar, Economist Tarrant Parsons warns about the upcoming risks for the commercial real estate industry. Although the pandemic is somewhat under control across most parts of the globe, attention should now focus on supply shortages and inflation.<\/p>\n

Don\u2019t forget to follow CPE\u2019s podcasts on Spotify<\/a>\u00a0and\u00a0Apple Podcasts<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

RICS Economist Tarrant Parsons\u2019s latest update on investor and occupier sentiment and what to watch in 2022.<\/p>\n","protected":false},"author":238,"featured_media":1004555974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"audio","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,23891,21795],"tags":[33936,43061],"class_list":["post-1004555954","post","type-post","status-publish","format-audio","has-post-thumbnail","hentry","category-international","category-national","category-podcasts","tag-rics","tag-tarrant-parsons","post_format-post-format-audio"],"acf":[],"yoast_head":"\nGlobal Economy Keeps Improving, but at Slower Pace - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/global-economy-keeps-improving-but-momentum-is-slowing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Economy Keeps Improving, but at Slower Pace\" \/>\n<meta property=\"og:description\" content=\"RICS Economist Tarrant Parsons\u2019s latest update on investor and occupier sentiment and what to watch in 2022.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/global-economy-keeps-improving-but-momentum-is-slowing\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-29T06:11:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-30T14:59:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/10\/economy.-Photo-by-Markus-Spiske-on-Unsplash.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"899\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura Valean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/global-economy-keeps-improving-but-momentum-is-slowing\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/global-economy-keeps-improving-but-momentum-is-slowing\/\",\"name\":\"Global Economy Keeps Improving, but at Slower Pace - 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