U.S. Economy Positioned to Perform Well in 2018
There is renewed confidence in the economy, higher levels of real discretionary income are anticipated, and stronger global growth is expected to support U.S. economic expansion. For the fourth quarter, job gains averaged 204,000 per month. For all of 2017, U.S. firms created nearly 2.1 million new jobs. In addition, tax reform should bolster the economy, translating into stronger CRE fundamentals and supporting market activity.