by Pierre G. Villere As I approach five decades of practicing in the investment banking world, one truism that has been consistent is that housing always leads us out of recessions. As a matter of fact, the housing industry serves as a source of strength during an economic recovery, as has been the case in nearly every recession over the…
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Report confirms strength in commercial building activity
The commercial real estate development industry grew at the strongest pace since the economic recovery began in 2011, according to “The Economic Impacts of Commercial Real Estate,” an annual state of the industry report from the NAOIP Research Foundation, Washington, D.C. Author Dr. Stephen S. Fuller, director of George Mason University Center for Regional Analysis, finds the economic impact attributable to nonresidential development, which rose 24 percent over the previous year—the largest gain since the sector began to recover in 2011.
Read MoreReport confirms strength in commercial building activity
Source: NAOIP Research Foundation, Washington, D.C.
The commercial real estate development industry grew at the strongest pace since the economic recovery began in 2011, according to “The Economic Impacts of Commercial Real Estate,” an annual state of the industry report.
Read More