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Danielle DiMartino Booth, CEO / Founder at Quill Intelligence, recalls that the industrial segment of commercial real estate was viewed as especially resilient only a year ago.
She observes that perceptions of industrial as a 'teflon subsection' within CRE have shifted over time.
Danielle DiMartino Booth has recently tracked consumer and corporate financial trends. She reported that consumer credit growth picked up to a 2.6% annualized rate in the first quarter. Booth also noted that average sales volumes at major U.S. staples have largely trended negative in recent quarters.