Lower gas prices helping to support spending on other items

Lower gas prices helping to support spending on other items

July year-over-year overall retail sales registered 8.6%. While month-over-month sales were unchanged in July, the details were far more encouraging, with a price-related fall in gasoline sales freeing up households to increase spending on other goods. With prices no...
Ten Numbers We Watched in August

Ten Numbers We Watched in August

Colliers Quick Hits | August 18, 2022 Blackstone has raised $24.1B for its latest real estate fund, the largest fundraise on record. July’s job report marks the return of full pre-pandemic employment and the second-fastest jobs recovery since 1981.Maersk is...

Retail Vacancy Rates Drop

Second Quarter – 2022 The national retail vacancy rate dropped 10 basis points during the second quarter and stands at 4.4%. Leasing activity continues to improve as retailers open more stores, with growth being driven by the demand for smaller spaces....
Fed Lifts Interest Rates by Most in Three Decades

Fed Lifts Interest Rates by Most in Three Decades

Economic Market Pulse | June 18, 2022 The Fed’s larger 75 bps rate hike came as little surprise to the markets following the worse-than-expected May CPI data. The decision to raise interest rates by 75bp to 1.50-1.75%, rather than the 50bp widely telegraphed by...
Lower gas prices helping to support spending on other items

Raging Inflation Could Open Door to a 75 bps Hike

Economic Market Pulse | June 11, 2022 The surprise increase in headline inflation to a 40-year high of 8.6% in May, from 8.3%, together with another strong rise in core prices, raises the odds that the Fed will need to extend its series of 50bp rate hikes into the...