Business Immo, the real estate website
Market Beat

Miami : Retail Snapshot - Q2 2014

Published on

A research produced by

Miami : Retail Snapshot - Q2 2014

Miami-Dade mid-year figures confirmed that market conditions are steadily improving giving reason to have solid optimism for the second half of 2014 and the future. Based on figures from the Bureau of Labor Statistics, the unemployment rate continued its downward trend to 7.6%, a 1.1 percentage point decrease from 8.7% one year ago. As one of the nation’s largest metropolitan statistical areas, Miami registered the fastest rate of job growth at 3.1% at the end of the second quarter of 2014. As projects such as Brickell City Centre, Miami World Center, PortMiami and All Aboard Florida progress, unemployment figures will continue to decline and boost the local economy.

Source : Cushman & Wakefield

This research is available only to BI or BIE subscribers

Please log in, or contact us to find out how to subscribe

Keywords : Cushman & Wakefield