Commercial Real Estate & Business News – December 29, 2016

A jump in consumer spending in the final stretch of December significantly offset a slow start to the U.S. holiday shopping season, and is likely to help many retailers beat sales forecasts, industry research groups said on Tuesday…»

The majority of retailers managed to keep their shipping promises this holiday. That’s according to Kurt Salmon’s annual Holiday Shipping study, which found that 97% of retailers successfully processed and delivered orders to customers on their last guaranteed shipping date before Christmas. according to Kurt Salmon’s (part of Accenture Strategy) annual Holiday Shipping study. This compares to 87% in 2014 and 95% in 2015…»

Emotionally wrenching politics, foreign conflicts and shootings at home took a toll on Americans in 2016, but they are entering 2017 on an optimistic note, according to a new poll that found that a majority believes things are going to get better for the country next year…»

As the largest, fastest-growing segment of the workforce, Millennials are having a dramatic effect on the modern office. Their well-documented influence on technology, media and advertising continues to shape workplace strategies for those creative industries. Perhaps less obvious, however, is the long reach of the Millennial factor. In a bid to capture this powerful cohort, developers and designers are increasingly blurring the lines between traditional and contemporary workplaces and sometimes even between property categories…»

Real estate is a varied component, with factors such as home building, industrial, office and retail space all varying with strengths and weaknesses at different times…»