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Raleigh-Durham's Q2 2021 Industrial 5 Fast Facts

Kristine Smith • 7/27/2021
Economic conditions in Raleigh-Durham continued to improve. Raleigh-Durham is recovering at an impressive pace and the outlook for the second half of 2021 is positive. 

While the economy suffered setbacks from the pandemic last year, the industrial sector remained strong with consistent leasing activity and high absorption. This demand persisted in the first half of 2021. U.S. e-commerce sales totaled $215.0 billion last quarter, a 39.1% YOY increase. National consumer confidence reached its highest point since before the pandemic in June of 2021, and the reopening of the economy and increasing labor market optimism should fuel the high demand for industrial product in Raleigh-Durham.

Read our Five Fast Facts below or click here to download a copy of the Q2 MarketBeat.

 Q2 industrial fast facts