Empty office space could be bad news for real estate owners and regional banks. Plus, what to expect in the May durable goods report.
This week, the Census Bureau will report how many manufactured durable goods businesses ordered in May. Many manufacturers haven’t been making as many products, but certain types of equipment are still in high demand.
Tenants are celebrating the falling rents, but record vacancies could eventually upend the market.
Some city-dwellers are heeding the call of China’s government for people to return and revive the countryside.
Cities are among the biggest buyers of flexible labor, and they’re improving terms for gig work, says Xavier de Souza Briggs of Brookings.
States are upgrading IT and accessibility to unemployment insurance, but it’s a long hard road.