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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

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 – September 30, 2022

Economic Update – September 30, 2022

1. INTEREST RATE HIKE On September 21st, the FOMC voted to increase the Federal Funds Rate by 75 bps for third consecutive time to fight persistent US inflation. The current Federal Funds Target Rate sits at 3.00%-3.25%—its highest level since January 2008. Stocks...

Economic Update: September 9, 2022

Economic Update: September 9, 2022

FUTURES MARKET FORECASTS 75 BP HIKE Fed Futures markets are now firmly predicting another 75-bps hike at the FOMC’s September meeting based on estimates from the Chicago Mercantile Exchange. Following the committee’s July meeting, future markets were initially...

Economic Update | August 26, 2022

Economic Update | August 26, 2022

SECOND GDP ESTIMATE Real gross domestic product (GDP) decreased at an annual rate of 0.6 percent in the second quarter of 2022, according to the BEA’s second estimate released on August 25th. The revision shows that the US economy contracted less than expected, though...

Northern Colorado Talking Points

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