When Jones Lang LaSalle, the Boston-based commercial real estate services firm, released its first quarter industrial real estate market report, several facts underscored the recovery taking place throughout the United States: sustained declines in national vacancy rates, increased absorption of existing space, rising rental prices and a surge in construction that, in the first three months of the year, stood at a five-year high.
Economy Watch
The global economy is the single biggest factor in driving international trade. More than at any time in history, the U.S. economic outlook and growth is linked directly to China’s economic performance and, especially in the current environment, the economy in Europe. Among the key economic indicators critical in determining the course of international trade are retail sales, housing reports, employment reports, consumer sentiment and manufacturing.
Press Releases
News & Analysis
23 May 2013
Germany’s HSH Nordbank, the world’s biggest ship financier, warned the crisis in the shipping market could deepen through 2014, as it announced sharply lower net income and more than tripled loan loss provisions.
22 May 2013
Japan’s exports to the United States rose for the fourth straight month in April on a year-on-year basis, surging 14.8 percent to 1.101 trillion yen ($10.69 billion), according to preliminary figures released by the Finance Ministry.
22 May 2013
Rebecca Blank, U.S. acting secretary of commerce, has honored 57 U.S. companies and organizations that export goods or services at the 2013 President’s “E” Awards ceremony...
21 May 2013
India and China have signed three memorandums of understanding regarding buffalo meat, fisheries and pharmaceuticals, as well as one agreement on feed and feed ingredients...
21 May 2013
U.S. diesel prices saw slight increases in the week ending May 20, the second week of rising prices after a 10-week slump, according to the U.S. Energy Information Administration.
16 May 2013
The Japanese economy grew 0.9 percent in the January-March quarter from the preceding quarter, or at an annualized pace of 3.5 percent, in real terms, the Cabinet Office said in a preliminary report on May 16.
16 May 2013
The U.S. Industrial Production Index was down 0.5 percent month-to-month in April 2013, the largest decline since August 2012, according to the latest retail report from the Board of Governors of the Federal Reserve System.
16 May 2013
U.S. manufacturing and agricultural exports to Colombia are on the rise, as the trade agreement between the two nations reaches its one-year mark, according to Acting U.S. Trade Representative Demetrios Marantis.
16 May 2013
The European Union’s trade surplus expanded to €15.8 billion (appoximately US$20.4 billion) in March....
16 May 2013
Despite its efforts to boost grain yields for the 10th consecutive year, China — the world's largest rice consumer — is expected to become also the largest rice importer in 2013/14, according to a newly released report by the U.S. Department of Agriculture.
Commentary
Obama's Sequestration Strategy