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Economic Update | April 30, 2021

Covid Cases & Vaccinations The 7-day moving average of daily COVID-19 cases in the US ticked down to 67,175 on April 19th, a modest decrease that comes after two weeks of near-daily increases. While the trend has started to re-improve, the current mark remains 4%...

Economic Update | April 13, 2021

IMF Global Growth Forecast According to a recent growth forecast, the International Monetary Fund projects that the world economy will grow by 6.0% in 2021, followed by 4.4% in 2022. Their most previous estimates projected global growth to be 5.5% and 4.2%,...

Economic Update | April 2, 2021

New Business Applications According to the Census Bureau, new business applications totaled a seasonally adjusted 423k in February, falling 13.4% month-over-month. Of the 423k applications, the Census Bureau estimates that 31k new business will eventually form over...

Economic Update | March 19, 2021

American Rescue Plan President Biden signed into law the $1.9T American Rescue Plan Act, the third major fiscal stimulus legislation passed by Congress in response to the COVID-19 pandemic. Congress has now appropriated $6T in total relief to the public during this...

New Phase I ESA Standard Coming in 2021

Brush up on the top 6 potential changes to the ESA Standard (ASTM E1527). When there’s a change that affects around 70,000 commercial real estate deals a year, it’s a big deal. This is about to happen in 2021. I’m talking about the Phase I Environmental Site...