Commercial Real Estate & Business News – August 4, 2023

After many months of predicting a recession, Wall Street is celebrating recent economic news suggesting that the economy is powering through the Federal Reserve’s interest rate hikes and seems ready to emerge in pretty good shape. The term soft landing is being bandied about as economic growth…»

Marc Zandi, chief economist with Moody’s Analytics, was early in predicting that the U.S. wouldn’t enter the recession that most were forecasting up until recently. It’s a point he continued to emphasize on his appearance in the latest Walker Webcast. “Recession is at core a loss of…»

NEW YORK, Aug. 2, 2023 /PRNewswire/ — The global real estate market size is estimated to increase by USD 1,031.81 billion from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 5.04% during the forecast period. Discover some insights on market size, historic…»

More than 650,000 people moved to Phoenix from 2010 to 2020, an increase of 11.2% according to the Census Bureau. Retirees used to be the chief migrators to the metro, but no longer. Young professionals and families have taken up the slack as tech businesses the likes of Meta Platforms…»

​PHOENIX, August 2, 2023 – Arizona elected and business leaders led by Sen. Mark Kelly today marked the one-year anniversary of the Inflation Reduction Act (IRA), the Biden administration’s landmark clean energy plan already bringing generational investment to states. According to new jobs and…»