Monthly Archives: November 2010

E-Commerce, Discount Stores Dominate Recovery In Retail Sales; Broad Implications For Retail Real Estate

November 24, 2010 Core retail sales fell steeply between mid-2008 and mid-2009 but have since staged a recovery to pre-recession levels, with further gains anticipated through the holidays. Despite this consumption recovery, vacancy rates at retail properties remain significantly higher than the levels recorded prior to the recession. This reflects record store closures and the […]

October Employment Report Offers Upside Surprise

November 5, 2010 Employment growth beat expectations in October, with nonfarm payrolls rising by 151,000 positions, the first monthly gain reported since May. Private-sector employment, which expanded during each of the last 10 months, climbed by 159,000 positions in October, while government cutbacks shaved 8,000 jobs from the monthly total.The latest employment report provides cause […]

Fed’s New Round Of Quantitative Easing Pivotal To Economic Growth And Asset Investment

November 5, 2010 The Fed’s decision to initiate another phase of quantitative easing bodes well for the economy over the next six to nine months.Anticipation of the move drove down interest rates ahead of the official announcement, and by delivering on expectations, the Fed engineered at least several months of sustained low interest rates by […]