Signs of life in commercial real estate

Marketplace

News, Business

4.6 • 8.5K Ratings

🗓️ 19 December 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Amazon is reportedly postponing a return to in-person work for a portion of its staff due to insufficient office space. It’s not alone. For the first time since the pandemic began, office real estate may be heating up. Also in this episode: Exports, particularly in the electronics sector, drive GDP growth, Chinese importers of U.S. goods prep for retaliatory tariffs and insurers push back against “nuclear” verdicts in personal injury cases.

Transcript

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1:00.6	slash UK. Givewell, UK can claim gift aid for eligible donations. Again, that's givewell.org
1:06.4	slash UK to donate or find out more.
1:11.0	Economic growth, a little commercial real estate, and a stick dinner to top it off.
1:17.2	From American public media, this is Marketplace.
1:26.1	In Los Angeles, I'm Kyle Rizzdahl.
1:32.6	It is Thursday.
1:34.0	Today, this one is the 19th of December.
1:36.6	Good as always to have you along, everybody.
1:39.1	Remember yesterday when Fed Chair Jay Powell said the economy's in a good place?
1:46.3	This is part of what he was talking about.
1:56.8	The Bureau of Economic Analysis let it be known this morning that the final update on gross domestic product showed an annual growth rate of 3.1% in the third quarter. That's an upward revision from the last estimate, and it means economic growth actually sped up in July, August, and September compared to the previous three months.
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