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SVN Economic Update – January 26, 2024
1. GDP Real US GDP expanded at a 3.3% annualized rate during Q4 of 2023, according to the advanced estimate from the US Bureau of Economic Analysis. The estimate surpasses the consensus projection of 2% and follows a 4.9% growth rate in Q3, bringing total 2023 US GDP...
December 2023 Talking Points: Slow Year in NoCO CRE Ends with Calendar Beating Investment Deals
2023 NoCOCRE sales pale in comparison with two previous years85% of 2023 NoCOCRE sales were under $3 millionContact our advisors to see how they can help you with your property With another mild transaction month, private investors dominated the higher end sales in...
Economic Update – January 5, 2024
1. DECEMBER JOBS REPORT US nonfarm payrolls increased by 216,000 in December, above November’s growth of 173,000 jobs and exceeding the consensus estimate of 170,000 according to the Census Bureau’s latest employment report. Meanwhile, initial jobless claims fell...
SVN Research & Reports
Economic Update – August 11, 2022
INFLATION The Consumer Price Index (CPI) rose by 8.5% year-over-year through July, but remained flat from the month before, according to the Bureau of Labor Statistics. It was the first time that inflation hadn’t increased on a month-over-month basis since May 2020. A...
Economic Update – July 29, 2022
GDP Real GDP declined by an annualized 0.9% in Q2 2022, according to the advanced estimate released by the Bureau of Economic Analysis (BEA). The decline follows a 1.6% annualized contraction in Q1, placing the US economy in a technical recession, though one has not...
Economic Update – July 15, 2022
JOBS REPORT Despite rising capital costs and renewed recession fears, the US economy added 372k jobs in June, according to the latest employment numbers from the Bureau of Labor Statistics. Business Services led the way with 74k new payrolls in June. Management roles...
Northern Colorado Talking Points
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