2018 Investment Analysis: State of the US Economy
With the current state of the US economy, it’s a great time to invest in real estate development. Key performance indicators look positive for the rest of 2018 and into 2019.
The most significant positive indicator is unemployment. Very low unemployment, with higher wages in some cases, has boosted consumer confidence and increased consumer spending, particularly for 2018.
Recent tax legislation has created an economic stimulus that is expected to have a positive effect on GDP, with steady growth expected for this key economic indicator through 2019. Tax cuts for businesses will help fuel higher revenues and greater production to meet the increased consumer spending demand.
Likewise, these tax cuts continue to help offset capital costs, which will encourage development.
As recovery continues from the previous recession, some investors question whether another is on the horizon. Most economic forecasts find this unlikely, as there are no immediate indicators of recession for the US economy.
Forecasters predict that the most likely scenario for the US is strong economic growth for the next two years, with slower, steady growth in subsequent years as the economy adjusts to current indicator levels, particularly its low unemployment.
If you’re ready to invest in US real estate, contact American Life, Incorporated today. Our team of experts is committed to creating positive investment outcomes for our clients and is happy to answer questions about investing in today’s market. We oversee the entire real estate process, including site acquisition, construction, and operations management. Contact us at 206-381-1690 in the US at our office at 2710 S. Hanford Street, Suite 100, in Seattle, Washington or at any of our international offices in Shanghai, Tokyo, or London.