Author Archives: marcusmillichap

Hessam Nadji is…

Commercial Real Estate Shines amid Increased Volatility

August 25, 2015 The recent surge in global uncertainty kicked off by China’s currency devaluation and a rapid decline in the Chinese stock market sparked a plunge on Wall Street, driving the S&P 500 lower by nearly 10 percent over the last week. The ensuing flight to safety tightened yields on the 10-year Treasury dramatically, […]

Steady July Hiring Meets Expectations; Raises Prospects of Fed Rate Increase Despite Modest Wage Growth

August 12, 2015 Employers continued their steady hiring in July, which marked the 58th consecutive month of job gains. Cumulatively, the U.S. has added 12.4 million jobs since the recovery began, and total employment stands 3.7 million positions above the pre-recession employment peak. Despite month-to-month volatility, the trends have been remarkably sturdy, generating average monthly […]

Broad-Based May Job Gains Highlight Economic Strength; Rising Momentum Raises Potential of Fed Tightening

June 8, 2015 Hiring in May spotlighted a U.S. economy that is finding its footing and gathering momentum following the weather-induced lackluster results of the first quarter. With the jump in job creation last month and upward revisions to prior months, growth in U.S. payrolls is back on track to align with last year’s robust […]

April Hiring Revives Following Severe Winter; Job Creation Raising Commercial Real Estate Demand

May 11, 2015 Solid additions to payrolls in April put the U.S. labor market back on track and eased concerns that may have arisen following the poor hiring results in March and a weaker than anticipated initial reading of GDP. The further tightening of the labor market and the likelihood that economic growth will accelerate […]

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