GDP, Lumber Prices & The Labor Market | Economic Update

GDP According to the Bureau of Economic Analysis, Real GDP increased at a seasonally adjusted annualized rate of 6.4% during the first quarter of 2021. Personal consumption expenditures (PCE), a sub-component of GDP output, rose at an annualized 14.6% in the first...

Economic Update | February 23, 2021

Industrial Sector  According to Real Capital Analytics, hedonic cap rates for Industrial properties held at their all-time low through Q4 2020, finishing the year at an even 6.0%. Between strengthening property fundamentals and lower benchmark interest rates,...

Powell Overshadowed by Further Escalation of Trade War Concerns

CoStar Analysis: Message That Fed Will Sustain Recovery Lost in Tweet Storm Markets were roiled by new tariffs imposed on U.S. goods announced by China, a much-anticipated speech from Federal Reserve Chairman Jerome Powell and President Trump’s reaction to both. The...