The industrial market remains on solid footing, benefiting from resilient consumption and business expansion despite ongoing macroeconomic challenges, wrote Ryan Severino, BGO’s chief economist, in his recent post. Data releases show consumers and businesses are still spending, fueling demand for warehousing, cold storage, and light manufacturing space. Corporate investment, particularly tied to the artificial intelligence (AI) boom and a resurgence in domestic manufacturing, has further strengthened the outlook for industrial demand, according to Severino.
