U.S. Economic Report Jan. 2014

The following is a summary


The national economy has been in slow growth mode since the recovery began as the uncertainty created by the seemingly endless series of budget confrontations has inhibited both businesses and consumers, whose balance sheets are healthy. But there is hope. With peace in Washington D.C. over the budget crisis, we fully expect the U.S. private sector to assert itself, leading to stronger growth in 2014 and especially 2015.

We also expect 2014 and 2015 to be the strongest growth years for the U.S. economy in at least a decade, and the healthiest for the commercial real estate industry since the mid-2000s.

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