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Economic Update- April 9, 2021
IMG Global Growth Forecast According to a recent forecast, the International Monetary Fund projects that the world economy will grow by 6.0% in 2021, followed by 4.4% in 2022. Their most previous estimates projected global growth to be 5.5% and 4.2%, respectively. The...
Economic Update- April 2, 2021
New Business Applications According to the Census Bureau, new business applications totaled a seasonally adjusted 423k in February, falling 13.4% month-over-month. Of the 423k applications, the Census Bureau estimates that 31k new business will eventually form over...
Talking Points: A Short Month Doesn’t Mean a Slow Month in Tri-County NoCO CRE Activity
Pulling out of the Negative Drag on CRE Sales Volume in NoCOSales volume from Q4 2020 was finally catching up to “normal” 2019 levels , after a precipitous drop through most of 2020Contact our advisors to see how they can help you with your property Download Talking...
Economic Update- March 19, 2021
American Rescue Plan President Biden signed into law the $1.9T American Rescue Plan Act, the third major fiscal stimulus legislation passed by Congress in response to the COVID-19 pandemic. Congress has now appropriated $6T in total relief to the public during this...
Economic Update March 5, 2021
Minimum Wage One of the more publicized and contentious sticking points of the incoming-Biden Administration stimulus package is the potential inclusion of a $15/h minimum wage. According to the Congressional Budget Office, a strictly nonpartisan Agency, raising the...
Talking Points: A Few Big Deals Kick-Off 2021 in Tri-County NoCO CRE Activity
NoCO CRE Running at Half-PaceThe rolling 4 quarter sales volume for the tri-county region has slipped from the highs of the $2 billion plus range to just over $1 billion (per Real Capital Analytics). The Pandemic has had a definitive impact on CRE sales volume....
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