Research & Insights

Commentary Informed by Markets and Public Data

Commentary on capital conditions, transaction dynamics, and what owners and investors should be watching - informed by active engagements and clearly sourced public series.

Market Pulse

More Public Indicators

Additional public series we reference when discussing demand, credit, and construction.

All Employees, Total Nonfarm

159.0M

As of 2026-09-01
Persons (millions)

Source: FRED / U.S. Bureau of Labor Statistics (CES via FRED). Series PAYEMS. Unit: Thousands of persons. Observation as of 2026-09-01. Data fetched 2026-10-30 (America/Phoenix).

Population (United States)

343.1M

As of 2026-09-01
Population (millions)

Source: FRED / U.S. Census Bureau Population Estimates via FRED. Series POPTHM. Unit: Thousands. Observation as of 2026-09-01. Data fetched 2026-10-30 (America/Phoenix).

Private Nonresidential Construction Spending

$773.0B

As of 2026-08-01
Millions of USD, SAAR

Source: FRED / U.S. Census Bureau (Construction Spending C30 via FRED). Series PNRESCONS. Unit: Millions of USD, SAAR. Observation as of 2026-08-01. Data fetched 2026-10-30 (America/Phoenix).

Capital Markets

Capital Conditions and Positioning

Reading credit and rate context from public series.

Investment Sales

Preparing an Asset for Market

Process discipline before outreach.

Capital Markets

Credit Selectivity by Property Type

How lenders differentiate risk using public credit backdrops.

Leasing & Occupier

Logistics Demand Backdrop

Industrial production and construction context.

U.S. Commercial Real Estate Price Index

315,332

As of 2026-04-01
Index level

Source: FRED / Board of Governors of the Federal Reserve System (Z.1). Series BOGZ1FL075035503Q. Unit: Index level. Observation as of 2026-04-01. Data fetched 2026-10-30 (America/Phoenix).

Industrial Production: Total Index

103.95

As of 2026-09-01
Index 2017=100

Source: FRED / Board of Governors. Series INDPRO. Unit: Index 2017=100. Observation as of 2026-09-01. Data fetched 2026-10-30 (America/Phoenix).

AI assists research synthesis and chart preparation; editorial judgment remains with the firm. AI at HBWCo.

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