by Alexis Black | May 30, 2023
1. FED MEETING MINUTES • Minutes from the FOMC’s May 2-3 policy meeting showed that central bank policymakers were split on the decision to continue raising interest rates or pause increases during its most recent vote. • Ultimately, the decision to raise rates by 25...
by Alexis Black | May 24, 2023
MAY 2023, LOS ANGELES, CA — Crexi, the commercial real estate (CRE) industry’s fastest-growing marketplace, data, and technology platform, today announced Wesley Cox, CCIM, a Senior Advisory with SVN | Miller Commercial Real Estate as a winner of its...
by Alexis Black | May 15, 2023
1. CPI INFLATION • US annual inflation continues to decelerate through April. As reported by the BLS, the Consumer Price Index grew 4.9% year-over-year as of the most recent reading. The current pace of growth indicates a slowdown compared to the 5% year-over-year...
by Alexis Black | May 10, 2023
MAY 2023, DOVER, DE – The McClellan Team with SVN Miller Commercial Real Estate recently sold 3895 N. Dupont Highway in Dover, DE. The building was occupied by Go Glass however the tenant had made it known they would be vacating by the end of the year. John...
by Alexis Black | May 1, 2023
1. Q1 2023 GDP • The US economy grew at an annualized rate of 1.1% during the first quarter of this year, slowing significantly from the Q4 2022 annualized rate of 2.6% and registering well below the Dow Jones consensus forecast of 2.0%. • Growth in Q1 primarily...
