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GDP, Lumber Prices & The Labor Market | Economic Update

GDP, Lumber Prices & The Labor Market | Economic Update

• 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

Economic Update | February 23, 2021

• 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, oppositional pressures...