U.S. Office Market Statistics | 24Q3

U.S. Office Market Statistics | 24Q3

Limited new construction resulted in a lower quarterly increase in vacancy. The Q3 national rate was up 10 basis points from last quarter to 17.7%. CBD vs. Suburban Vacancy Office Under Construction 50.3 Million Square Feet Construction pricing and uncertainty in...
CPI wasn’t what the Fed wanted but won’t deter rate cuts

CPI wasn’t what the Fed wanted but won’t deter rate cuts

VOLUME 220: WEEK ENDING OCTOBER 12, 2024 The larger-than-expected increase in the September Consumer Price Index (CPI) does not signal a renewed surge in inflation, nor will it prevent the Federal Reserve from proceeding with a 25 basis point rate cut at its November...
CPI wasn’t what the Fed wanted but won’t deter rate cuts

Upward surprise to CPI inflation reduces odds of rapid loosening

VOLUME 216: WEEK ENDING SEPTEMBER 14, 2024 Higher shelter and transport services costs drove the stronger-than-expected rise in core inflation in August. Despite this, the disappointing inflation data makes it more likely that officials will be cautious about easing,...
Major Investors Return to the Market

Major Investors Return to the Market

Capital Markets U.S. Snapshot: Q2 2024 Signs of a market recovery emerged in Q2, but the start of Q3 has created uncertainty. Underlying data indicated a stronger-than-anticipated economic backdrop with advanced Q2 GDP outperforming, stock indices hitting all-time...
CPI wasn’t what the Fed wanted but won’t deter rate cuts

Inflation measure closely watched by the Fed

VOLUME 214: WEEK ENDING AUGUST 31, 2024 The Commerce Department reported that the Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation measure, increased by 0.2% from the previous month. Annually, prices rose by 2.5%,...