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Economic Update – October 27, 2023

1. GROSS DOMESTIC PRODUCT Real GDP rose by 4.9% during the third quarter of 2023, its fastest pace since the fourth quarter of 2021, according to the advanced estimate from the Bureau of Economic Analysis (BEA). Continuing the post-pandemic storyline, robust consumer...

SOLD: 403 Perry Street, Castle Rock, CO

Castle Rock, CO - October 13, 2023 - SVN | Denver Commercial is pleased to announce the sale of 403 N Perry Street in Castle Rock, CO. The 26,745 sq. ft. Specialty property was sold for $ 7,200,000. MaryAnne Hardeman with SVN | Denver Commercial facilitated the...

SVN Research & Reports

Economic Update – December 16, 2022

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

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

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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