1. INTEREST RATE HIKE • On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. • In the...

1. INTEREST RATE HIKE • On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. • In the...

1. FED POLICY MEETING At its latest policy meeting on June 15th, the FOMC raised the Federal Funds rate by 75 bps to a range of 1.5%-1.75%, its steepest rate hike since 1994. The move follows a May inflation rate of 8.5%. The yield on the 10-year Treasury note fell...

The Eastern Shore Economic Recovery Project is an effort that brings local economic and workforce development professionals together with date visualization specialist to create data-driven tools and educate local governments, businesses, and organizations on how to...

MSCI REAL CAPITAL ANALYTICS CPPI • The US National All-Property Price Index, which produces a weighted measure of commercial real estate prices, rose by 17.9% over the year ending April 2022, according to MSCI Real Capital Analytics (MSCI RCA). Month-over-month,...

Strong fundamentals in property segments of the multifamily, office, industrial, and retail markets are likely to keep the commercial market recovery going although at moderate pace amid rising interest rates and elevated inflation of over 2% during the next two...