by SVN Commercial Advisory Group | Dec 18, 2020
Unemployment The Civilian Unemployment Rate (U-3) fell from 6.9% in October to 6.7% in November. The 0.2% month- over-month decline is the slowest rate of improvement since the Spring shutdown. While improvement is slowing, U-3 has recovered by 8.0% since April, when...
by SVN Commercial Advisory Group | Dec 7, 2020
Retail According to Moody’s Analytics / REIS reporting, signs of distress are spreading in the retail sector. The sector’s vacancy rate rose by 0.2% to 10.4% in the third quarter, reaching a seven-year high. Average asking retail rents declined 0.1% from the previous...
