Prologis first surveyed customers about their activity levels and facility use during the tumultuous market of late 2007. The result was the Prologis Industrial Business Indicator (IBI). Now in its tenth year, the IBI has proven to be an accurate predictor of market cycles for both the industrial real estate sector and the U.S. economy at large. The Prologis IBI also highlights industry sentiment, such as the growing importance of supply chain efficiency.
Read the full report for business highlights about the U.S. logistics real estate operating environment, vacancy levels, facility use and barriers to development as the market continues to expand.