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 […]
Commercial Real Estate & Business News – January 5, 2018
Investors Focusing on Fundamentals in New Year to Prepare for Wider Range of Potential Outcomes Investors and lenders are expected to closely monitor property fundamentals in the markets and property sectors they invest in for 2018 as the U.S. economy continues its extended recovery now heading into its 10th year. Despite record low unemployment, increased […]
Commercial Real Estate & Business News – January 4, 2018
Arizona’s Economic Developers Continue to Create Jobs In September, e-commerce giant Amazon announced it was looking for a location to build its second North American Headquarters. Dubbed “HQ2,” the project would total eight-million square feet, employ 50,000 workers and cost $5 billion to build and operate. Many are touting it as the economic development project […]