Los Angeles
Construction Labor Costs Rise 3.8% Despite Broader Economic Cooling
Employment Cost Index shows construction bucking trend of moderating wage growth in Q3 The construction industry is charting its own course in the...
Inflation Expected to Hold Near 3% Through Mid-2026 as Government Shutdown Disrupts October Data Collection
Wells Fargo projects two-month core CPI rise of 0.48 percent between September and November The October government shutdown has created an unusual gap...
Commercial Real Estate Market Gains Momentum as Property Prices Rise 4.2 percent Year Over Year
Federal Reserve rate cuts drive $1.9 billion reduction in distressed properties, transaction volumes jump 13.2 percent year-to-date The commercial real estate market is...
Truebeck Construction Announces Leadership Transitions
San Mateo, California - Truebeck Construction announces strategic leadership transitions that mark an exciting new chapter in the firm’s continued growth and evolution....
California Export Trade Contracts 2.4% as State’s National Share Drops to 8.4%
Computer and electronics surge 15.9 percent while most major categories decline in September data delayed by Federal shutdown California's position as an export...
Labor Market Wobbles as Unemployment Hits Post-Pandemic High
The U.S. labor market's struggles intensified in November, with unemployment climbing to its highest level since the pandemic's end and job growth remaining...
Shutdown-Delayed Jobs Data Predicted to Reveal Federal Layoffs and Rising Unemployment
Shutdown-delayed October data and a November unemployment rate near 4.5 percent could put “maximum employment” at risk As Washington’s budget battles continue to...
September Trade Deficit Narrows to $52.8B on Gold Exports, But GDP Impact Limited by Statistical Treatment
Non-monetary gold accounts for $6.1 billion of $8.8 billion export increase, while capital goods shipments decline $3.3 billion The turbulence in global trade...
Palisade Group and Pearlmark Acquire 143,000 SQFT Newmark Industrial Property for $34MM
Joint venture targets advanced manufacturing tenants in Newark as AI sector drives Bay Area demand Palisade Group and Pearlmark Real Estate have completed...
Employment Cost Index Rises 3.5% Year-Over-Year in Q3, Slowest Growth Since Mid-2021
Quarterly wage and benefit increases moderate to 0.8 percent as labor market cooling reduces pressure on employers to raise compensation The cooling trend...
Federal Reserve Cuts Rates to 3.5%–3.75% as Committee Signals Slower Pace of Easing Ahead
Central bank's December quarter-point reduction draws three dissents as officials project the policy rate holding at 3.375 percent through 2026 The Federal Reserve...
Shorenstein CEO Sees ‘Generational Buying Opportunity’ in Office Market Recovery
Office Real Estate Stages a Comeback as Investors Return to Once-Shunned Sector After years of distress, the commercial office market is showing signs...
