Overbuilding, a more volatile geopolitical situation, and physical obsolescence of older, less modern space are some of the sector’s headwinds. The continued dominance of e-commerce, coupled with shifts in inventory models and supply chain configurations, will continue to be major tailwinds for the industrial sector as we head further into 2022, according to a [...]
The Federal Reserve announced it will hold its policy rate near zero but it expects to begin raising rates “soon,” which Fed watchers widely interpret to mean at its next meeting. The statement implies that the central bank's policy goal of maximum employment appears to have been reached, allowing committee members to focus on [...]
The Federal Reserve Open Market Committee announced some significant changes in monetary policy: a faster tapering of bond purchases and the possibility of as many as three rate hikes in 2022. The reasons are concern about inflation, which has been more dogged than the institution had expected, and an improved job landscape. The question [...]
As the bipartisan infrastructure bill awaits President Joe Biden’s signature to become law, the commercial real estate industry awaits the effects of $550B in new spending. It could be waiting a long time. The nature of infrastructure projects is long-term — doubly so for the transformational projects the bill is supposed to make possible. [...]
Global Supply-Chain Problems Escalate, Threatening Economic Recovery Component shortages, surging prices of raw materials and transportation backups compound the bottlenecks Global supply-chain bottlenecks are feeding on one another, with shortages of components and surging prices of critical raw materials squeezing manufacturers around the world. The supply shocks are already showing signs of choking off the [...]
The Ports of Los Angeles and Long Beach — together, the nation’s busiest — continue to experience record volumes, leading to double-take-worthy industrial fundamentals nearby. The Port of LA reported that between June 2020 and June 2021, it broke eight monthly records and experienced the top four individual months in its 114-year history. Import volumes [...]
