Report | United States economic outlook is brightening
Although economic growth in 2016 was a bit disappointing, in the big picture it means very little. With regime change in the White House, policy decisions will be of paramount importance to the economy this year.
But until we have reason to deviate, we continue our cautiously optimistic outlook: economic growth will accelerate above trend in the latter half of 2017 and 2018 before slowing in 2019. While the commercial real estate market would certainly welcome stronger economic growth, the last seven and a half years have shown that it is not necessary for commercial real estate to perform well.
Learn more in our complete economic insight report for January 30, 2017.
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