The Influence of the Blue Economy on Commercial Real Estate and the U.S. Economy

The National Oceanic and Atmospheric Administration and the U.S. Bureau of Economic Analysis recently released their first-ever report on the U.S. marine economy and how much it contributes to the country's GDP. CCIM Institute Chief Economist K.C. Conway, CCIM, MAI, CRE, dissects the recent report, explaining both the significance and the shortcomings of this new report, as well as what it means for logistics infrastructure across the country and commercial real estate professionals. Conway's insights on this topic are part of a much broader conversation on the impact of infrastructure and last-mile logistics on the U.S. economy and the commercial real estate industry. For the complete story, please check out the latest CCIM Institute Commercial Real Estate Insights report, "Last-Mile Logistics: Commercial Real Estate’s Growth Engine," available at www.ccim.com/insights.