I saw a pretty nifty interactive map in the Wall Street Journal online that shows the pace of economic recovery throughout the United States. Check it out by going to this link and moving your cursor from region to region: Interactive Map of Economic Performance Across U. S. Hint: we in the west are doing [...]
Two recently noted news articles worth sharing with you… 2Q10 GDP (The Christian Science Monitor, August 29, 2010, by Donald Marron) We all know that GDP growth in 2Q10 was revised downward from 2.4% to 1.6%, but missed may have been this silver lining: every major category of demand increased (consumer spending, housing, equipment & software, [...]
The economy is recovering. More signs… U.S. Economy: Factories Drive Growth as Orders Rise (Bloomberg Business Week, March 31, 2010, by Courtney Schlisserman and Shobhana Chandra) Manufacturers are driving the U.S. economic recovery as the real estate industry struggles to recover from recession, hurting employment, reports today showed. Factory orders rose 0.6 percent in February [...]
Perhaps the most significant indicator that Commercial Real Estate (CRE) values have bottomed: when investors act to buy. That is the central observation that National Real Estate Investor (NREI) comments on in their story published last week entitled, “Is a Market Bottom Imminent?” NREI is a leading authority on CRE trends. Its readers represent a cross-section [...]
There now seems to be consensus that our economy is indeed in recovery mode. It’s likely, however, to be a “jagged” recovery, coming in “dribs and drabs”…a three steps forward, one step backward kind of experience. So writes Jack Healy of the New York Times yesterday in his article entitled “New Signs That Recovery May [...]
