The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
3. www.SVN.com
Economic
Updates
Provided by
○ According to a recent analysis of Census Bureau
data by the Associated Builders and Contractors
(ABC), a national wave of non-residential
construction spending should continue into
2024 despite a downtick in November.
○ The analysis showed that non-residential
construction spending fell by 0.1% in November
due to a drop in public-sector activity, which
dropped sharply during the month at a rate of -
0.6% month-over-month. Meanwhile, private
non-residential spending rose by 0.2% monthly.
○ Spending is up by 18.1% over the past year,
according to the ABC, while manufacturing-
related construction spending continues to
surge, according for roughly 45% of the increase
in spending over the past 12 months.
Non-Residential Construction Momentum
31. Please visit www.svn.com for more
information on the properties
featured on today’s call and to view
all of SVN’s active listings.
DISCLAIMER
This information has been obtained from sources believed reliable. We have not
verified it and make no guarantee, warranty or representation about it. Any
projections, opinions, assumptions or estimates used are for example only
and do not represent the current or future performance of the property. You and your
advisors should conduct a careful, independent investigation of the property to
determine to your satisfaction the suitability of the property for your needs.
All SVN® offices are independently owned and operated.