Lack of job growth hinders commercial real estate
By Rob Swenson
Job growth is painfully slow and weighing down the pace of economic recovery.
That seems to be the bottom line in many national assessments.
The health of the employment market gets prominent billing even locally in Bender Commercial Real Estate Services' midyear real estate report.
Bender's rather gloomy mid-2010 assessment of Sioux Falls' commercial real estate report starts with encouraging news about employment: After two straight years of job losses, unemployment in the Sioux Falls area might have bottomed out and started rising again.