by SVN Commercial Advisory Group | Jan 3, 2023
1. Q3 GDP & CONSUMER SPENDING REVISED UP The Bureau of Economic Analysis reported an upward revision to Real GDP in the third quarter of 2022, mainly reflecting a revised total in U.S. consumer spending. The latest estimate shows a 3.2% annualized increase in Real...
by SVN Commercial Advisory Group | Dec 16, 2022
FOMC INTEREST RATE DECISION On December 14th, the Federal Reserve’s policy-setting committee raised their target Federal Funds Rate (FFR) range by 50 basis points to 4.25%-4.50%, slowing their speed of rate increases after four consecutive 75 basis point hikes — an...
by SVN Commercial Advisory Group | Dec 2, 2022
Market uncertainty impacts buyers, sellers, and investors Even the most casual observer can sense waves of uncertainty rippling through our economy these days. For buyers, sellers and investors in commercial real estate (CRE), that swirl of question marks is...
by SVN Commercial Advisory Group | Oct 18, 2022
INFLATION The Consumer Price Index (CPI) rose by 8.2% year-over-year through September and 0.4% month-over-month, according to the Bureau of Labor Statistics. This month’s 40 basis point increase comes after just a 10-bps increase in August. Shelter, food, and medical...
by SVN Commercial Advisory Group | Aug 12, 2022
August 12, 2022 | Economic Update SVN Commercial Advisory Group released the August Economic Update on August 11. It highlights the current inflation, jobs report, investment volumes, and more. INFLATION The Consumer Price Index (CPI) rose by 8.5%...