Federal Reserve
U.S. Payrolls Contract by 92,000 in February as Labor Market Stumbles, Fed Outlook Dims
Wells Fargo Economics says one-off factors only partially explain the unexpected decline, with the Iran conflict adding new complexity to an already uncertain...
Wells Fargo Economists Signal Disinflation Progress Is Stalling as February CPI Looms
Rising energy costs, tariff pass-through, and sticky shelter inflation are expected to keep consumer prices advancing at a pace well above the Federal...
March Rate Cut Unlikely as Labor Market Stabilizes, Wells Fargo Sees 2 More Cuts in 2026
Solid consumer spending, 70K average monthly payroll growth and core PCE easing to 2.6 percent by Q4 shape updated U.S. outlook After a...
Beyond AI: U.S. Capital Investment Shows Early Signs of Broadening Recovery
New data on durable goods orders and industrial production point to stabilizing capex in traditional sectors, even as the AI investment boom continues...
CRE Capital Flows Rise in Q4 2025 as Commercial and Multifamily Originations Gain Momentum
Wells Fargo Economics says easing monetary policy is supporting broader lending activity across property types Capital is beginning to move more freely across...
U.S. Payrolls Rise 130,000 in January as Unemployment Falls to 4.3%
Wells Fargo Economics says stronger hiring and steady 3.7 percent wage growth bolster case for Federal Reserve to hold rates steady A year...
Q4 Employment Cost Index Rises 3.4%, Marking Slowest Compensation Growth Since 2021
Wells Fargo Economics says labor costs remain in a “Goldilocks zone” as wage pressures ease and benefit growth moderates As policymakers weigh the...
Inland Empire Retail Navigates Cost Pressures and Rising Vacancy as Leasing Outlook Improves
Vacancy dipped slightly in Q4 but remains elevated year over year, while pricing resets and steady tenant demand support investment and repositioning across...
Data Center Sales Push U.S. CRE Transactions to Highest Level Since 2022
Wells Fargo Economics points to falling rates and a single outsized deal as key drivers behind a $186B fourth-quarter rebound After two years...
Inland Empire Multifamily Market Continues to Adjust to New Supply
Vacancies rise and rent growth moderates as development activity pulls back. By J.C. Casillas, Managing Director of Research at NAI Capital Commercial MARKET OVERVIEW...
Labor Market Shows Persistent Weakness as Job Openings Slide to Lowest Level Since 2021
Hiring remains sluggish while layoff warnings mount, raising concerns about employment stability The American labor market continues to show signs of strain as...
Los Angeles County Multifamily Market Transitions as Development Activity Slows
A late-year construction pullback slowed supply growth, though rent growth and pricing remain constrained. By J.C. Casillas, Managing Director of Research at NAI Capital...
