Economic Market Pulse – Volume 117 The Federal Reserve continued its aggressive fight against high inflation, agreeing to the third straight super-sized interest rate hike and saying that rates will go sharply higher before the end of the year.Officials said...
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...
The U.S. added a whopping 528,000 new jobs in July. Economists polled by The Wall Street Journal had forecast 258,000 new jobs.Hiring was broad-based as businesses created the most new jobs in five months. The number of people working finally returned to February...
The stronger than expected 1.3% rise in consumer prices in June, pushing headline inflation to 9.1%, from 8.6%, all but guarantees another 75bp hike at the July meeting but with commodity prices falling sharply and wage growth moderating in recent months, the outlook...
Following close to two years of pandemic-driven correction, signs of stabilization are emerging. In this report, we examine the national context and outlook before assessing current economic and real estate trends in 50 leading U.S. office markets along with their...
