Unemployment 7/27-7/31

Total preliminary initial unemployment claims were down 14% from the previous week, however the Retail Trade and Transportation & Warehousing industries saw substantial increases in new claims this week.

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Retail Update from CoStar Group

CoStar Group periodically has webinars called State of the Markets where analysts discuss what is going on in certain submarkets of the commercial real estate industry. I attended one this past week on the Atlanta retail industry. Below are some of the main points brought up by the analysts, David Kahn and Trenton Turner. The […]

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Episode 4: Impact of COVID-19 on Georgia’s Commercial Real Estate Economy

David Kahn, Managing Analyst for CoStar Group, discusses what CoStar is evaluating regarding the different commercial real estate markets and associated sub-markets that are recovering from economic impacts of April 2020. Additionally, Kahn discusses what the Metro Atlanta area is doing, investment-wise, to stabilize and strengthen its future markets.

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Destination Mobility

Mobility in Georgia dropped dramatically in early March when public safety precautions were first put into place. Between April 7th and June 5th, general mobility grew steadily, and, since June 19th, it has held steady at around 80% of typical mobility values. Fulton County has seen a rapid increase in the mobility beginning on July 6th that has continued in the last few weeks.

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Mobility In Georgia

Mobility in Georgia dropped dramatically in early March when public safety precautions were first put into place. Between April 7th and June 5th, general mobility grew steadily, and there was a surge in mobility in urban and suburban counties in early July. Since then, mobility values have hovered between 60-70% of typical travel periods.

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Photo of an undetermined Georgia Tech home game during the 1918 college football season. That's when the sport was hit by the Spanish flu and the end of World War I.

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