Early economic indicators point to a slowdown in growth in 2019. Nevertheless, as the U.S. enters its 10th year of expansion, optimism among commercial real estate investors persists, according to economist George Ratiu.
After a decade of economic expansion, prosperity continues. But tightening by the Federal Reserve is likely to weaken consumer and business buying power, thereby dampening growth, contends NAR's George Ratiu.
As the first quarter of 2017 passed, we have certainly faced multiple intersections, ranging from political shifts to demographic changes and from technological disruptions to accelerating urbanization. These alterations are placing tremendous pressures on global economies.