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Commercial real estate faces $13.5 billion in flood damage in 2022: Report
A satellite image shows TD Bank Ballpark submerged in flood, after Hurricane Ida swept through the Bridgewater Township in New Jersey, September 2, 2021. Maxar Technologies | Handout via Reuters The commercial real estate industry faces an intensifying threat from flooding, which is likely to lead to billions of dollars in increasing costs, a new study says. Approximately 730,000 retail, office and multi-unit residential properties face an annualized risk of flood damage in the United States. The structural damage from flooding is projected to cost $13.5 billion in 2022, increasing to over $16.9 billion by 2052, according to the First Street Foundation, a nonprofit research and technology group, and global…
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ASEAN Home Improvement Market Insights & Forecast 2021-2025: A US$10.90 Billion Market by 2025 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “ASEAN Home Improvement Market (Indonesia, Singapore, Philippines, Thailand & Malaysia): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)” report has been added to ResearchAndMarkets.com’s offering. The ASEAN home improvement market is forecast to reach US$10.90 billion in 2025, experiencing growth at a CAGR of 9.22{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} during the period spanning from 2021 to 2025. Growth in the ASEAN home improvement market was supported by factors such as increasing population in ASEAN countries, skyrocketing house prices, rapid urbanization and favorable demographic structure. Rising e-commerce penetration and increase in work from home and freelancing jobs is likely to have a positive impact on the ASEAN home improvement market. However, the…
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Alibaba, JD hit record $139 billion of sales
GUANGZHOU, China — Chinese e-commerce giants Alibaba and JD.com established new product sales data across their platforms on Singles Day, the most significant buying function in the environment. Shares of JD were up about 4.6{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in afternoon trade in Hong Kong on Friday while Alibaba was down about 1.8{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. The record revenue occur irrespective of problems about the power of the Chinese consumer and the impression of Beijing’s crackdown on technological innovation organizations. Even though Singles Day, also known as Double 11, utilized to just be a 24-hour flash sale sort of affair, it has transformed into a multi-working day extravaganza, ending at midnight on Nov. 11. JD commenced income…
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Supply Chain Crisis Hits Home, With 2 Billion Out-Of-Stock Messages In October
Container ships waiting around to be unloaded offshore at tje Port of Los Angeles Oct. 13, 2021. (Allen J. … [+] Schaben / Los Angeles Periods by using Getty Visuals) Los Angeles Times by using Getty Images U.S. people received in excess of 2 billion out-of-stock messages in Oct whilst browsing on the net, in accordance to the most current holiday break shopping information from the Adobe Digital Financial system Index. “Consumers are commencing to comprehend the real influence of the offer chain challenges” with the spectacular enhance in out-of-inventory notices from on the web shops, Taylor Schreiner, director of Adobe Digital Insights explained. Out-of-inventory messages were being up 250{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}…
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