San Jose
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...
Law Firms Push US Office Demand to New Highs, Driving 8.3MM SQFT of Leasing Through Q3 2025
Relocations surge to 50 percent, renewals dip to 53.9 percent, and the legal sector’s share of all office leasing reaches 10.5 percent U.S....
CMBS Delinquencies Push to 7.46% Overall as Office Market Hits a Record 11.76%
All major property types see rising stress in October, with multifamily topping 7 percent for the first time since 2015 The latest readout...
Design in the Age of Disruption: Gensler’s 2026 Forecast Maps a Built Environment in Flux
As AI, climate shocks, and workplace upheaval collide, the world’s largest architecture firm says adaptability—not scale—will determine real estate winners The built environment...
Durable Goods Orders Rise 0.5% in September as Shipments Point to Solid Q3 Capex Momentum
Core capital goods orders climb 0.9 percent, supporting Wells Fargo Economics’ 6 percent annualized equipment-spending estimate A year defined by uneven business investment...
Retail Sales Rose Just 0.2% in September as Control Group Slips 0.1%
Wells Fargo Economics says a soft September keeps holiday spending forecasts intact but leaning toward the lower end of the 3.5 percent–4 percent...
Consumer Confidence Falls as Job Market Concerns Overshadow Lower Gas Prices
November reading marks second-lowest level in four years while labor differential continues decline American consumers are growing increasingly uneasy about their economic prospects,...
Data Center Construction Spending Surges 26% YoY to $41B as AI Infrastructure Build-Out Accelerates
Wells Fargo Economics report shows investment nearly quadrupled since 2021, though growth rate moderates from January’s 44 percent peak Data-center development, once a...
Existing Home Sales Rise 1.2% in October as Lower Mortgage Rates Offer Modest Relief
Inventory edges higher, demand firms, and the Midwest leads the month’s regional gains A slight easing in borrowing costs this fall has been...
September Jobs Report Shows 119,000 Nonfarm Payroll Gain as Unemployment Climbs to 4.4%
Delayed data reveals continued labor market softening, leaving Fed’s December rate decision uncertain The long-delayed September payroll numbers arrived with an unusual sense...
U.S. Economy Positioned for Steadier Growth as Policy Uncertainty Recedes
Wells Fargo forecasts 2.3 percent GDP expansion in 2026 as fiscal stimulus, monetary easing and stabilized trade framework replace year of escalating tariffs...
