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Northern & Central : Industrial Snapshot - Q3 2014

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The Port of NY/NJ continues to be the majordriving factor of the industrial market in the area. Through June, the Port has seen more than 2.7 million loaded container TEU’s, a 4.1% increase since one year ago. Meanwhile, online sales should reach approximately $300 billion by the end of 2014, and are projected to climb to more than $400 billion during the next few years. While private sector employment has risen by 11.300 jobs during the last 12 months, the most significant gains were within the trade, transportation, and utilities sector, which saw 13,200 jobs
added in that time.

Source : Cushman & Wakefield

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Keywords : Cushman & Wakefield