Wage Growth Will Accelerate in 2015

According to Cushman & Wakefield Research:

“The U.S. economy is on the cusp of an acceleration in wage growth that is expected to support strong economic growth this year and well into 2016. Evidence of the expected faster growth in wages could be seen in reports on job openings and layoffs released last week. Faster wage growth will boost income and lead to stronger growth in consumer spending, driving greater employment and increased demand for real estate in 2015 and 2016.”

Read the full report here.

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