Commercial Real Estate & Business News – January 15, 2018
If you can’t fly then run, if you can’t run then walk, if you can’t walk then crawl, but whatever you do you have to keep moving forward. – Dr. Martin Luther King, Jr. Economy Watch: Retail Sales Gain Ground in December U.S. retail and food service sales gained 0.4 percent compared with November […]
Commercial Real Estate & Business News – January 12, 2018
Five Predictions for the Office Sector in 2018 At the end of 2017, the office sector continued to experience a slowdown. There was a 50 percent year-over-year decline in investment sales volume in November, though there was also a 4.1 percent year-over-year increase in pricing, according to a report from New York City-based research firm […]
Commercial Real Estate & Business News – January 11, 2018
Investor Sentiment Indicates More Pros Think CRE Cycle Is in Expansion Phase The percentage of NREI readers who believe the current real estate cycle is in expansion/recovery phase has jumped to 41 percent this January, from 26 percent during our last reading in November. At the same time, the percentage of survey respondents who think […]
Commercial Real Estate & Business News – January 10, 2018
Construction Firms Welcome 2018 With Confidence The construction industry has entered 2018 with expectations of a successful year ahead, according to a survey by the Associated General Contractors of America and Sage Construction and Real Estate. Most notably, construction firms anticipate demand for construction services to continue on the upswing across the board. Construction firms […]
Commercial Real Estate & Business News – January 9, 2018
Jobs Reports Validate Americans’ Confidence in the Economy, Free-Spending Holiday Season December’s solid employment gains capped off a year marked by rising consumer confidence, discretionary spending and better-than-expected holiday sales – even as robust wage growth remained elusive. “The job market’s done well and people feel they can actually move jobs now – that just […]
Commercial Real Estate & Business News – January 8, 2018
U.S. Added 148,000 Jobs in December; Unemployment at 4.1% The Labor Department on Friday released the latest figures on hiring and unemployment, with another gain capping a year of increasing opportunities for U.S. workers. Last month, 148,000 jobs were added, bringing the average over three months to 204,000. The unemployment rate was 4.1 percent, the same as […]