Flexe Institute Market Watch: July Supply Chain and Macroeconomic Data

Increasing cost of capital and federal funds rate drive business costs. The increasing unemployment rate and declining consumer sentiment suggest a possible recession.

Ocean-to-road spot rates decreased. Parcel rates increased. The PMI shows decreased manufacturing activity, another recessionary indicator.

Industrial Real Estate Vacancy Rate

Lease rates are increasing, so the market is not ideal for long-term, fixed CapEx initiatives.

Industrial Real Estate Net Absorption

Texas, Illinois and Pennsylvania warehousing demand and rates increased, driving secondary market popularity.

Industrial Real Estate Construction Pipeline

Q1 marked the end of seven growth quarters in the national construction pipeline. Past construction and increasing vacancy will decrease future lease rates.

Sources:

Macroeconomic indicators section

New York University, Damodaran Online

Bureau of Labor Statistics Database

Federal Reserve Economic Data Database

University of Michigan Survey of Consumers

Supply chain YoY Section

Investing.com

Statista

Port Authority NY/NJ

Port of Long Beach

Port of Los Angeles

DAT Freight & Analytics

Warehousing industry section

CoStar Database

Bureau of Labor Statistics Database

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