State Governments Face Budget Uncertainties

June 18, 2025

Toby Burke

State governments are required to maintain balanced budgets that ensure revenues equal expenditures. Any budgetary shortfall requires lawmakers to make calculated decisions to either reduce government services or generate additional revenue through tax and fee increases. There is growing uncertainty within the states of projected state revenues as President Donald Trump and Congress attempt to restructure federal support for state services and programs. The revenue concerns in the states are furthered by economic growth questions, inflation and the conclusion of the one-time pandemic relief funding from the federal government.

Aerospace and Defense Industries Bring New Demand to Industrial Property Market

June 3, 2025

Greg Matter

Across the United States, a manufacturing renaissance is underway. Kick-started by the Bipartisan Infrastructure Law, the CHIPS Act, the Inflation Reduction Act, and a post-pandemic focus on supply chain resilience, the resurgence has spurred new demand for industrial facilities. Most recently, demand has begun to shift from the electric vehicle and clean energy sectors to the aerospace and defense sectors receiving stepped-up U.S. Dept. of Defense funding.

The House at a Crossroads for Reconciliation Bill

May 21, 2025

Aquiles Suarez

The “One, Big, Beautiful Bill” containing much of President Donald Trump and congressional Republicans’ domestic agenda, and which has bedeviled House Speaker Mike Johnson for most of the year, finally appears to be headed for a vote on the House floor.

Zandi: Tariffs, Turbulence and a Tenuous Outlook for the U.S. Economy

May 16, 2025

Kathryn Hamilton, CAE

“In 35 years as an economist, I’ve only seen uncertainty like this twice before: during the global financial crisis and in the middle of the pandemic,” said Moody’s Chief Economist Mark Zandi, addressing a full room at this week’s NAIOP National Forums Symposium in New Orleans. “These are highly uncertain times.”

O Canada! Guess Who Came to the White House?

May 7, 2025

Paul Brown

This week, Canada's new Prime Minister Mark Carney came to the White House to address the mayhem caused by President Donald Trump’s attack on Canada’s longstanding trade agreement with the U.S. and Mexico and the president’s provocative comments about Canada’s sovereignty.

NAIOP and REEC Inclusion Roundtable Event Draws Record Attendance

April 23, 2025

Shaine Anderson

By Shaine Anderson On April 8, NAIOP and REEC hosted the annual Navigating Inclusion, Change, and Impact in CRE Roundtable event in Dallas, held in conjunction with the REEC conference. The event drew 75 attendees committed to advancing inclusion in the CRE industry. The event was facilitated by Joe Ritchie, Tishman Speyer and NAIOP DEI […]

Tariffs Disrupt Supply Chains and the Outlook for Industrial Real Estate

April 21, 2025

Shawn Moura, Ph.D.

The Trump administration’s tariff policy has unfolded rapidly and continues to evolve. Although the highest tariff rates on most U.S. trading partners have been paused for 90 days to allow time for trade negotiations, a flat 10% tariff remains in effect on most goods, and additional tariffs are expected on electronics, semiconductors and pharmaceuticals. When combined with previously announced tariffs on steel and aluminum, and the 145% tariff on most goods from China, the average effective tariff rate is the highest in more than a century. The dollar has declined in response to the tariff announcements, further increasing the effective cost of imported goods.

Agreement on Budget Resolution Clears Another Hurdle in Congressional Effort to Pass Tax Reform

April 16, 2025

Eric Schmutz

Last week, Congressional Republicans made significant progress in their efforts to advance President Donald Trump’s tax and spending priorities, with House Republicans agreeing to the 70-page budget blueprint that lays out a fiscal framework for implementing the president’s border security, defense, energy and tax priorities.

Tag: Trump