Consumer Spending is Rebounding!

According to Cushman & Wakefield Research:

“Although the economy hit a soft spot in the first quarter, we expect stronger growth for the balance of the year to boost full year gross domestic product (GDP) growth to about 3.0% to 3.5%.

How fast the economy bounces back will be determined by consumers and their ability and willingness to increase spending. We expect a healthy rebound in consumer outlays in the second quarter.

As the economy resumes its strong growth trend, it will have a positive impact on commercial real estate markets across the U.S.”

Read the full report here.

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