CRE Exchange: Commercial Real Estate, Property Valuations, Real Estate Analytics and Property Tax From GDP insights to policy potluck
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Mar 6, 2025 Delve into the latest economic indicators as hosts analyze consumer confidence and the impacts of housing statistics. Discover insights into market dynamics with recent movements in equities and fixed income. The discussion heats up with a unique 'policy potluck' segment, covering crucial updates from Washington, including banking information and government efficiency measures. They also explore intriguing proposals on federal land development aimed at tackling the housing shortage. Prepare for a whirlwind of real estate insights!
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January Economic Data
- Personal income rose robustly in January 2025, while spending declined, increasing the savings rate.
- The PCE price index, a key inflation measure, aligned with expectations, showing a slight decline.
Q4 2024 GDP Growth
- Q4 2024 GDP growth, driven by consumer and government spending, reached an annualized pace of 2.3%.
- Though positive, this growth represents a slowdown compared to previous quarters and post-pandemic trends.
Future GDP Predictions
- Despite recent positive growth, the Atlanta Fed's GDPNow model predicts negative growth for the coming quarter.
- This negative projection is primarily due to trade and declining consumption.