Record U.S. Spending and Travel Expected this Holiday Season

December 18th, 2019 by Keeley Byer


With unemployment at historically low levels and noted improvements in both disposable income and household net worth, the National Retail Federation projects holiday retail sales during November and December to increase between 3.8% – 4.2% over 2018 to a total of $727.9 billion – $730.7 billion. Online sales and other non-store sales, which are included in the total, are expected to increase between 11% – 14% to $162.6 billion – $166.9 billion, up from $146.5 billion last…

Greysteel Phoenix Donates to Feed My Starving Children Organization

October 23rd, 2019 by Rebecca Wiley

Greysteel's Phoenix team members and their families joined forces with Feed My Starving Children (FMSC) on October 17th to pack enough food to pack 53,568 meals, enough to feed 146 children in Thailand for a year!

Greysteel Los Angeles Donates to Hope in a Suitcase Organization

September 30th, 2019 by Rebecca Wiley

Greysteel's Los Angeles Office teamed up with Hope in a Suitcase (HIAS) to provide a "Shopping Day" for youths in foster care in Los Angeles County.

Fed Rate Cut Strengthens Yield for Commercial Investors

September 20th, 2019 by Keeley Byer

On September 18, the U.S. Federal Reserve announced that it will lower federal funds rate by 25 basis points to a range of 1.75% to 2.00%, as the continued trade war between the U.S. and China, sluggish global growth, and muted inflation clouds the economic outlook. The Fed wrote in a statement, “Although household spending has been rising at a strong pace, business fixed investment and exports have weakened” and “uncertainties about this outlook remain” as factors in its decision to lower the benchmark federal funds rate. The 10-year Treasury rate decreased to 1.80% on the news, down 22…

Greysteel Teams Up with SOME (So Others Might Eat) to Feed the Homeless

July 16th, 2019 by Rebecca Wiley

Greysteel's Washington, D.C. team members joined forces with SOME (So Others Might Eat) on July 11 to help feed the homeless.