Posted on 30th September 2009 by Realestate Finder in General Real Estate
RISMEDIA, September 30, 2009—(MCT)—The U.S. consumer confidence index fell in September as Americans grew more concerned about the economy, their job prospects and their incomes, the Conference Board recently reported.
The consumer confidence index fell to 53.1 in September from 54.5 in August, reversing part of August’s nearly seven-point gain. “Consumers remain quite apprehensive about the short-term outlook and their incomes,” said Lynn Franco, head of the consumer research group at the private research organization. “With the holiday season quickly approaching, this is not very encouraging news.”
Economists surveyed by MarketWatch were expecting the index to rise to 57, based on higher stock prices, lower gas prices and fewer layoffs. Other indicators of consumer attitudes had improved in late September, including the University of Michigan survey and the Rasmussen consumer index. The Conference Board index bottomed at an all-time low 25.3 in February.
In the Conference Board’s survey of 5,000 households, the present situation index fell to 22.7 from 25.4 in July. It’s the lowest level since it hit a 26-year low in March. The proportion saying business was bad increased to 46.3% from 44.6%, while the number saying conditions are good also rose slightly, to 8.7%. The number saying jobs are hard to get rose to 47% from 44.3%, while the percentage saying jobs are plentiful fell to 3.4% from 4.3%. The expectations index dropped to 73.3 from 73.8 in July. Only 21.3% of those surveyed expect the economy to improve in the next six months. Inflation expectations faded, with consumers anticipating consumer prices will rise 5.2% over the next six months, down from 5.4% in August and the lowest in at least a year.
(c) 2009, MarketWatch.com Inc.
Distributed by McClatchy-Tribune Information Services.
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Posted on 30th September 2009 by Realestate Finder in Costar Commercial
WASHINGTON, DC
HHS Inks 801,550-SF Lease Renewal in Rockville
By Jeff Warnock
The U.S. Department of Health and Human Services signed a lease renewal at 5600 Fishers Lane in Rockville, MD. The agency occupied the full building for approximately 40…
Posted on 30th September 2009 by Realestate Finder in Costar Commercial
In this week’s issue, a Washington, D.C. equity fund agrees to acquire a multifamily developer for $43.6 million; MayfieldGentry Realty Advisors plans to convert an 11-story office building into office condos in Washington, D.C.; a law firm will relocate…
Posted on 30th September 2009 by Realestate Finder in Costar Commercial
WASHINGTON, DC
HHS Inks 801,550-SF Lease Renewal in Rockville
By Jeff Warnock
The U.S. Department of Health and Human Services signed a lease renewal at 5600 Fishers Lane in Rockville, MD. The agency occupied the full building for approximately 40…
Posted on 30th September 2009 by Realestate Finder in Costar Commercial
In this week’s issue, a Washington, D.C. equity fund agrees to acquire a multifamily developer for $43.6 million; MayfieldGentry Realty Advisors plans to convert an 11-story office building into office condos in Washington, D.C.; a law firm will relocate…
Posted on 30th September 2009 by Realestate Finder in Costar Commercial
WASHINGTON, DC
HHS Inks 801,550-SF Lease Renewal in Rockville
By Jeff Warnock
The U.S. Department of Health and Human Services signed a lease renewal at 5600 Fishers Lane in Rockville, MD. The agency occupied the full building for approximately 40…
Posted on 30th September 2009 by Realestate Finder in Costar Commercial
In this week’s issue, a Washington, D.C. equity fund agrees to acquire a multifamily developer for $43.6 million; MayfieldGentry Realty Advisors plans to convert an 11-story office building into office condos in Washington, D.C.; a law firm will relocate…
Posted on 30th September 2009 by Realestate Finder in Costar Commercial
WASHINGTON, DC
HHS Inks 801,550-SF Lease Renewal in Rockville
By Jeff Warnock
The U.S. Department of Health and Human Services signed a lease renewal at 5600 Fishers Lane in Rockville, MD. The agency occupied the full building for approximately 40…
Posted on 30th September 2009 by Realestate Finder in Costar Commercial
GE Capital Real Estate sold the Independence Wharf building in Boston’s financial district to Credit Suisse Asset Management last Friday for $106.25 million, or approximately $316 per square foot.
Built in 1927 and renovated in 2001, the 336,725-square…
Posted on 30th September 2009 by Realestate Finder in Costar Commercial
RSC Equipment Rental, a provider of equipment rental services, signed a 27,500-square-foot lease at 2350 Turnpike, Building G in Middleton, MA.
The two-story, 32,500-square-foot, Class B office building was built in 2006 cand is in the Lawrence Andover…
