The Pulse | Mid Year 2025 Edition | Greater Boston Market

The Northeast commercial construction market slowed in 2024 and into 2025, as compared to the past 5-6 years. The interest rate environment and the lack of large tenant activity across various market sectors is keeping most shovel ready developments from starting. The election cycle is behind us and although the Fed has not cut interest rates recently, it appears that the Fed is planning at least one, possibly two upcoming rate cuts. The markets have responded favorably to these proposed rate cut discussions. This update is a snapshot of today and we implore you to reach out with questions should you have any.

Jim Reen / President & CEO  (781) 255-8881  jreen@gastonelectrical.com
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