by Alexis Black | Dec 26, 2024
1. INTEREST RATE DECISION • The Federal Reserve cut rates by another 25 basis points in December, its third consecutive rate cut as policymakers move into a more accommodative monetary stance as inflation cools and labor market performance comes more into focus. • The...
by Alexis Black | Dec 13, 2024
1. BLACK FRIDAY ACTIVITY • According to data from Mastercard’s SpendingPulse indicator, US Black Friday sales (excluding automotive sales) were up 3.4% this year compared to 2023. • Online retail sales rose 14.6%, while brick-and-mortar stores rose by a more modest...
by Alexis Black | Dec 10, 2024
1. 2025 COMMERCIAL REAL ESTATE OUTLOOK • According to Deloitte’s 2025 look-ahead, the current outlook for Commercial Real Estate is dominated by expectations surrounding global interest rates, renewed revenue sentiment, and the potential for industry-wide shifts in...
by Alexis Black | Nov 21, 2024
1. EMERGING TRENDS IN REAL ESTATE • Investors and developers should expect an upturn in fate for the commercial real estate industry as post-pandemic disruptions abate and positive cyclical forces reemerge, according to ULI-PwC’s Emerging Trends in Real Estate (ETRE)...
by Alexis Black | Oct 30, 2024
1. ECONOMIC ACTIVITY REMAINS STEADY • According to the October 23rd release of the Federal Reserve’s Beige Book Summary of National Economic Activity, activity has changed little in nearly all districts since early September, though two districts have reported modest...
by Alexis Black | Oct 14, 2024
1. SEPTEMBER JOBS REPORT • The Bureau of Labor Statistics (BLS) reported that the US added 254k jobs in September, drastically defying expectations following a summer of worsening labor market conditions. • The consensus forecast from economists heading into the data...
