Inflation

Boom times expected for U.S. commercial real estate

Illustration of a retail sign
Illustration: Eniola Odetunde/Axios

Next year could be "one of the strongest years on record" for the U.S. commercial real estate industry, according to a market outlook released Wednesday by CBRE, the world's biggest commercial real estate servicer and investment firm.

Why it matters: Commercial real estate activity is a leading economic indicator, and growth in the sector translates to more jobs and investments in local communities.

Maybe inflation isn't dead

Reproduced from Institute of International Finance; Chart: Axios Visuals

The main reason the debt has been such a non-issue is that inflation in the U.S. and most industrialized countries has stayed persistently low.

Why it matters: However, more fund managers and economists are increasingly saying they're worried that may not hold.