Robust Sector Slowing, But Still Creating Investment & Jobs
July 27, 2023
By Rob O’Brian, CEcD, O’Brian & Associates
The U.S. economy overall appears to be gradually slowing down as the Federal Reserve interest rate hikes begin to have impact. Along with it, the warehousing and distribution sector also appears to be slowing down from its white-hot growth during and after the pandemic. But the slowdown is only to red-hot, as underlying factors such as e-commerce, manufacturing growth and on-shoring and near-shoring trends continue to drive the need for more warehousing and distribution space, especially in the t...
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