Economy Watch Weekly: Life Sciences Driving Real Estate Demand
- Jul 11, 2017
Job creation in June surprised on the upside, with the U.S. economy creating 220,000 jobs for the month, beating the average gain of 194,000 jobs over the last three months, according to the Bureau of Labor Statistics. Economy Editor Dees Stribling discusses the sectors impacting office space absorption that enjoyed an increase in jobs, for the week ending July 7, 2017. Separately, a recent JLL report said the life sciences are now a driver of real estate demand, with the greater Boston area ranked as the number one cluster in which the industry is thriving.