US consumers are increasing spending and coould become a vital contributor to recovery in the near future
Archive for October, 2010
21st October 2010 While leasing has improved nationally from third quarter, 2009 to the present, there are differences in the pace of improvement between and within markets and certainly between CBDs (Central Business Districts) and Non CBDs (suburban markets). In the CBDs leasing is up 31.6% year over year while in the suburbs it is […]
Over the next several years the US commercial real estate market will confront approximately $1.4 trillion in de-levering loans. Many of these were issued in “peak value”, “peak LTV” years of 2005-2007 (5-7 year loan maturities will come due in 2010-2014, and 10 year loans will come due in 2015-2017). While de-levering can be a […]
Construction activity has always been a good benchmark of the industrial sector’s strength. However, with the extended lag time between concept and completion, it may be better viewed as a confirmation of where the industry has been over the last 12 to 18 months. With that in mind, it should come to no surprise that […]
Summary of the 2010 Cushman & Wakefield European Cities Monitor, recording the ongoing dominance of London but also the renewed rise of emerging markets in Europe and globally.
Although I have been focusing on the importance of the business sector in this recovery, we can never forget the consumer. Even with slower growth, consumer spending in the second quarter of 2010 accounted for 70.3% of total GDP. This is less than the 71.3% it accounted for in early 2009, but still a considerable […]