Q2 2020 DFW INDUSTRIAL MARKET REPORT



Overview

Younger PartnersClick Here to Download

Check out Younger Partners’ first DFW industrial quarterly report for the second quarter 2020.

The second quarter wrapped up with a drastic spike in local unemployment going from 3.1% at the end of 2019 to 12.3% as of May. Since May, initial payroll numbers have rebounded some, but overall employment has stayed significantly below levels seen in February, before shelter-at-home measures took effect.

With Covid-19 wreaking havoc on the economy, we do have some upside in Dallas-Fort Worth with the region’s lower costs of living and tax advantages still expected to attract business from other parts of the country.

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