Josh Schafer – Reporter Wed, May 24, 2023 Wall Street has been waiting for a recession that hasn’t materialized roughly five months into the year. Executives at S&P 500 companies are talking about recessions less on earnings calls for the third straight quarter, per FactSet. S&P Global’s flash US composite PMI showed US economic output reached a 13-month high […]
By Steve Matthews and Matthew Boesler Two Federal Reserve officials signaled they favored pausing interest-rate increases, while a third policymaker said the central bank’s task in subduing inflation was not complete. “We at the Federal Reserve probably have more work to do on our end to try to bring inflation back down,” Minneapolis Fed President […]
Consumers barely kept up with inflation in April, as retail sales increased but fell short of expectations, the Commerce Department reported Tuesday. The advanced sales report showed an increase of 0.4%, below the Dow Jones estimate for 0.8%. Excluding auto-related figures, sales increased 0.4%, which was in line with expectations. As the numbers are not adjusted for […]
Nate Delesline III Reporter Ikea is expanding its store formats beyond its familiar and famous big blue box locations. The Swedish-founded and Netherlands-based international retailer had about 370 flagship stores globally, and 460 stores overall in 62 markets worldwide as of February. But despite that global presence, “many people were complaining that our stores were too far […]
By Richard Berger Amid the backdrop of economic uncertainty and high-interest rates, Keyway released a new report on how commercial real estate sectors have performed historically during an economic downturn. Looking back at the Great Recession of 2008, Keyway uncovered trendlines about commercial real estate sub-sectors that performed best then and how they could again […]
By Erik Sherman via GlobeSt In science and engineering it’s the difference between what calculus calls the first and second derivatives: how fast something is changing and then the shift in that rate of change. For commercial real estate properties overall, April was good news in the former and, depending on the view, less happy […]
by Andy Medici| via bizjournals.com Restaurants that did not receive grants from the Restaurant Revitalization Fund are more likely to declare bankruptcy in the coming months — and the industry as a whole has suffered due to the Omicron variant. The bleak findings are from a January survey of 1,200 restaurants and bars by the […]
by Kathryn Hamilton | via NAIOP A panel of experts took on the biggest challenges in industrial real estate in the closing panel of the first day of I.CON West 2021, held this week in Long Beach, California. From supply chain stressors to volatile pricing to labor shortages and building design, the issues seem bigger […]
The suggestion are – be professional and do not over think of being a female. “What?” You may say, “Everyone knows it and this is not what I want to hear from you.” It’s true that sometimes women look good and may stand out in the many brokers to the client. It’s also true that […]
Boston is beginning to see an influx of startups coming into the city from along Route 128, representing a “dramatic shift” in density and geography, said Jay Batson, angel investor and also a builder of Boston TechScene – an interactive map of tech startups in Boston community. The density of tech startups in Boston is […]
