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Economic Update – February 23, 2024
1. INFLATION According to the Bureau of Labor Statistics, the Consumer Price Index rose 0.3% month over month in January and 3.1% annually. The monthly pace of CPI rose above market expectations and triggered a brief reversal in equity markets. Fed officials have also...
SOLD: 13461 Bass Pro Drive, Colorado Springs, CO
Colorado Springs, CO, February 16, 2024 - SVN | Denver Commercial is pleased to announce the sale of a retail investment property located at 13461-13467 Bass Pro Drive in Colorado Springs. The 4,160 sq. ft. retail property was purchased for $3,100,000 and closed on...
Economic Update – February 9, 2024
1. FOMC INTEREST RATE DECISION The FOMC left its benchmark federal funds rate unchanged at its January policy meeting as improving inflation and consumer expectations data has reduced the committee’s need to continue its monetary tightening. Still, the timing...
SVN Research & Reports
Economic Update – December 16, 2022
1. FOMC INTEREST RATE DECISION On December 14th, the Federal Reserve’s policy-setting committee raised their target Federal Funds Rate (FFR) range by 50 basis points to 4.25%-4.50%, slowing their speed of rate increases after four consecutive 75 basis point hikes — an...
Economic Update – November 18, 2022
1. THANKSGIVING INFLATION As Americans sit down for this year’s Thanksgiving, it’s more than just after-dinner-waistlines experiencing uncomfortable inflation levels. According to a recent Chandan Economics analysis, the average price of turkey has increased a...
Economic Update – November 4, 2022
1. INTEREST RATE HIKE On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. In the...
Northern Colorado Talking Points
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