01.28.2021
US Economy Shrank 3.5% in 2020 After Growing 4% Last Quarter
In this Dec. 17, 2020, file photo people check in at a food bank held at Los Angeles Boys & Girls Club in the Lincoln Heights neighborhood of Los Angeles. California's unemployment rate edged up…
Read More01.28.2021
Can the Vaccine Save Retail? One Survey Cast Doubts
Forty percent of consumers tell First Insight that they will shop for apparel in-store either less or the same amount after being vaccinated. Even when we’re all vaccinated, the retail sector will still face challenges.…
Read More01.28.2021
Office Tenants Are Leasing Much Less Space
The 100 largest office lease transactions last year totaled 29 million square feet, 32% lower than in 2019. Early data shows that office users favored smaller footprints in 2020. The trend supports theories that office…
Read More01.27.2021
Nonresidential Construction Likely to Remain in Recession This Year
Nonresidential starts are now at their lowest level since 2015 Commercial and multifamily construction starts in the top 20 US metro areas fell to $111.1 billion in 2020, a freefall of about 23% in value,…
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