U.S. Economy Still Growing: Consumers Confident and Spending
The U.S. economy continued to grow at a steady pace in the third quarter of 2019, adding approximately 470,000 new jobs, of which 140,000 were in the key office-using sectors. Consumer confidence, while off recent highs, remains solid indicating shoppers are still optimistic. As of September, the unemployment rate is at 3.5%--the lowest since 1969.
Read Cushman & Wakefield's analysis of 2019 third quarter commercial real estate results by clicking on the links below.