What’s a temporary distortion and what’s a longer-term impact affecting the economy this week? How could DACA and Hurricanes Harvey and Irma affect commercial real estate?
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When does it make sense for retailers to own the shopping centers they occupy? James Cook talks to Rachel Elias Wein of WeinPlus to answer that question. Also, economist Ryan Severino explains how consumer confidence can be high despite slow GDP growth.
May saw the addition of just 138,000 net new jobs, while gains in previous months saw downward revisions. Overall, unemployment fell 10 basis points in the month to 4.3 percent.
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Ryan Severino heads the economics team and moonlights as an adjunct professor at Columbia University and NYU. Also a fitness addict, he and his wife are raising two daughters who are already Star Wars super fans.
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