by SVN Commercial Advisory Group | Mar 25, 2024
CURRENT ECONOMIC CONDITIONS (BEIGE BOOK) According to the March 6th, 2024, release of the Federal Reserve’s Beige Book, national economic activity increased over the previous six-week period. Eight of the twelve Federal Reserve districts reported slight to modest...
by SVN Commercial Advisory Group | Feb 23, 2024
INFLATION According to the Bureau of Labor Statistics, the Consumer Price Index rose 0.3% month over month in January and 3.1% annually. The monthly pace of CPI rose above market expectations and triggered a brief reversal in equity markets. Fed officials have also...
by SVN Commercial Advisory Group | Feb 16, 2024
Terminology abounds in the world of commercial real estate (CRE). It’s a complex and nuanced industry. Whether you’re new to the business, a client looking to better understand, or a seasoned professional just looking to refresh your terminology, it never...
by SVN Commercial Advisory Group | Feb 14, 2024
FOMC INTEREST RATE DECISION The FOMC left its benchmark federal funds rate unchanged at its January policy meeting as improving inflation and consumer expectations data has reduced the committee’s need to continue its monetary tightening. Still, the timing of...
by SVN Commercial Advisory Group | Jan 29, 2024
GDP Real US GDP expanded at a 3.3% annualized rate during Q4 of 2023, according to the advanced estimate from the US Bureau of Economic Analysis. The estimate surpasses the consensus projection of 2% and follows a 4.9% growth rate in Q3, bringing total 2023 US GDP to...
by SVN Commercial Advisory Group | Jan 8, 2024
DECEMBER JOBS REPORT US nonfarm payrolls increased by 216,000 in December, above November’s growth of 173,000 jobs and exceeding the consensus estimate of 170,000 according to the Census Bureau’s latest employment report. Meanwhile, initial jobless claims fell during...
