Will automation radically change the service sector's demand for space? U.S. manufacturing has been automating for decades—here we look at how robots and automation have impacted U.S. industrial space markets since 1990.
Monthly jobs reports continue to show a mixed economic picture. April's job gains were lower than expected, while unemployment fell due to 236,000 leaving the workforce. Wage growth slowed, despite the shrinking labor pool.
Richard and I discussed capital flows and Live, Work, Play at the recent CBRE 2018 Multifamily Conference in Chicago. Download our slides.
Q1 GDP growth of 2.3% came in under Q4's 2.9% but was quicker than the 2.1% consensus estimate. This better-than-expected performance came despite volatile stock markets and the announcement of potential tariffs on certain imports.
Our Q1 apartment data features revised histories, occasioned by growth in our dataset. As our data providers expand their sample sizes and geographic coverage, we've enhanced our methodology for greater flexibility in incorporating new data.
For U.S. hotels, achieving both revenue and profit gains is increasingly difficult. CBRE Hotels' Americas Research shares data and observations from its annual survey.
The recent tax reform will nearly double the number of markets in which the tax benefits of renting vs. buying are expected to increase.
Richard Barkham, EA’s Chairman and CBRE Global Chief Economist, recently addressed the National Association for Business Economists regarding the economic cycle and its current implications for CRE. Download here.
A poorly timed fiscal stimulus—in the face of tighter monetary policy and an economy that has reached or is near its potential—could leave the economy weaker in the years to come.
Although many U.S. apartment markets and submarkets are seeing elevated supply trends soften their fundamentals, in some cases this is needed supply and these are the natural “growing pains” of densifying, maturing cities.
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