03.16.2023
Growth in Electric Vehicle Production Expands Opportunities for Industrial Developers
This past week, German car manufacturer Volkswagen AG announced that it planned to invest approximately $193 billion over the next five years on shoring up its business in China and the U.S., with $131 billion…
Read More03.14.2023
Arcosa chooses New Mexico for new wind-tower production facility
Belen will get a big economic boost with the expansion of a wind-tower manufacturer into the area, one that will add roughly 250 jobs. Texas-based Arcosa Inc. announced Tuesday its subsidiary, Arcosa Wind Towers, will…
Read More03.14.2023
Economic Watch: Annual Inflation Falls to 6% in February; 25-bp Rate Hike Likely Next Week
Executive Summary The Consumer Price Index (CPI) rose by 6.0% year-over-year and 0.4% month-over-month in February, in line with consensus expectations. Lower energy prices helped reduce the annual rate from 6.4% in January. Core inflation,…
Read More03.14.2023
The Rise and Fall of Office to Multifamily Conversions: A Real Estate Investigation
Initially, the COVID-19 pandemic dealt a heavy blow to office and multifamily demand. As cities across the U.S. closed indoor spaces, office workers resorted to working from home, and many of those workers moved to…
Read More
