05-18-2018

Voices everywhere are suggesting that automation is about to radically change how the service sector works and generates demand for space. With U.S. manufacturing having been automating its processes for decades, we have just completed a study of how robots and automation have impacted U.S. industrial space markets since 1990.

05-10-2018

Our continuing discussion regarding the informed judgment and science of forecasting.

05-04-2018

Monthly jobs reports continue to offer a mixed picture of the economy. April's job gains were lower than expected, while unemployment fell due to 236,000 leaving the workforce. Wage growth continued to puzzle, slowing despite the shrinking labor pool. Although low jobs numbers and slower wage growth might suggest slowing economic growth, lower employment gains might indicate that the labor market is reaching its limit, making an acceleration in wages imminent. The underemployment rate will be a key metric in the coming months; the still-high rate is often seen as a sign that the labor market has yet to reach capacity, explaining why wages haven’t increased significantly.