May 16, 2024
Colliers Retail Market Intelligence Higher average tax refunds in 2024 boosted consumer spending, leading to a 4.0% increase in April retail sales and a 3.5% rise in foot traffic over the year. Apparel store visits rose by 3.44%, yet sales dropped by 0.9% in value,...
May 16, 2024
U.S. Industrial Demand Fell in Q1 but Will Build as New Supply Falls Industrial construction completions outstripped tenant demand for the seventh quarter in a row, pushing the U.S. average vacancy rate up 50 basis points, to 6.1% during the first quarter of 2024 —...
Mar 25, 2024
The Fed kept its policy rate steady in a range of 5.25%-5.5% and made no major changes to its policy statement. The committee also maintained its forecast for three rate cuts this year. Beneath the surface, though, several important messages emerged from the press...
Mar 4, 2024
Based on the Federal Reserve’s preferred PCE gauge, inflation rose in January at the fastest pace in four months, in a sign that price pressures might not return to low prepandemic levels as quickly as hoped. The PCE index rose 0.3% last month. Meanwhile,...
Feb 16, 2024
The Evolution of Artificial Intelligence: Shaping the Future of Data Centers Once again, the data center industry had another record-setting year, and its long-term outlook remains bright. According to Statista Market Forecast, global data center market revenue is...