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He said he was betting that the current office glut, with space in New York City, Jersey City and Newark all renting at comparable prices, would pass quickly.
The bureau also said a rush to build airports had led to a glut, with 127 or the nation's 143 airports running losses.
Mr. Peterson said he did not expect a recovery in the industry until it leapfrogged over the current equipment glut with new breakthrough technology that customers demand.
This means we will be seeing a bigger oil glut with Iranian crude exports coming back to the market," said Daniel Ang, an analyst at Phillip Futures.
But not to wine drinkers in the cities, who had a wonderful time from the glut with "cleanskins", bottles of blended varieties selling for record low prices.
The continuing pressure on oil prices as demand falls amid a supply glut, with no sign of Opec and other producers intending to cut output, has also hit sentiment.
Similar(47)
For example, breakthrough survival was consistently detected sooner with GLUT than with AHP and the ability of microbes to survive exposure to GLUT occurred irrespective of the organic levels used during biofilm formation.
Between smears, one group was directly labeled with Hoechst after air drying (DRIED), and the other were fixed either with glutaraldehyde (GLUT), or with methanol (MET), and labeled with Hoechst afterward.
You feel almost glutted with sensation.
The classical market was glutted with an extensive back catalog.
For one, the stock market is not glutted with offerings.
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CEO of Professional Science Editing for Scientists @ prosciediting.com