Since the end of May, the United States has sought to cautiously relaunch the economy. While some sectors of the economy have reopened, not all industries have; and those that have, have not reopened at the same pace. Whereas some industries are expanding, others are either contracting or remaining on hold. This report will draw together various lines of evidence to sketch a portrait of industries that are either expanding, contracting, or remaining on pause…
2020 Q2 North America Market Report
INDUSTRIAL OVERVIEW: DEMAND, NEW STARTS FLAG AS RECESSION TAKES HOLD Second-quarter net absorption totaled 27.2 million SF, bringing the year-to-date total to negative 47.6 million SF for the weakest demand since 2010, as the coronavirus pandemic added to stress on the industrial property sector from slowing global growth and continuing trade disputes. The volume of space under construction fell to 305.5 million SF, down 5.7% from the end of Q1, and Q2 deliveries totaled 5.3…