Given that the Institute of Supply Management (ISM) data recently
hit cyclical highs, it is unlikely that real yields in the 1.0 - 1.5 % range would be enough to slow the economy down.
The decline in vacancy has been much slower among the rest of the nation — vacancy in those metros
hit a cyclical high of 18.7 percent in the second quarter of 2011 and has fallen only to 18.4 percent as of year - end 2014.
The index is up from 65 in February 2017 and
hit a cyclical high of 74 last December, just as the Republican tax cut plan was being passed.
That's down 30 basis points from the end of 2016, when occupancy appears to have
hit its cyclical high.
Not exact matches
The
Cyclical Ups and Downs of Marriages First few years Exciting and passionate (aka honeymoon effect) 3 years When marriages begin to falter 3.5 - 5 years A drop in marital quality leads to
high divorce rates 10 years If a couple survived the first rough patch, then a second rough patch
hits around this time 16 - 20 years Third rough patch After 20 years Marital satisfaction tends to rise and level off (Bliss!)