Continued Growth Expected in the US Economy
The US economic outlook continues to be positive, and our EB-5 investors continue to be an important part of this growth. There are currently several key performance indicators with positive indicators.
The GDP has performed particularly well this year, with increases at 4.2% in the second quarter. This is expected to be lower for future quarters through 2020 but will remain steady. GDP from construction is expected to grow slightly through 2020.
Consumer confidence continues as Americans continue to spend in today’s economy. Steady employment for much of the country, personal tax cuts, and some high wages are keeping consumer spending at a healthy level. The job market is generally tight but there are still some pockets of higher unemployment, where EB-5 investors are inserting their influence and improving consumer wealth.
Corporate tax cuts that lead to higher profits should fuel additional corporate spending, including higher wages and corporate investment. This may also help drive consumer spending.
Inflation rates are expected to remain steady through 2020, and interest rate increases are expected.
With a positive outlook for the US economy continuing this year, now is a great time to invest in US development. To find out about the latest investment opportunities, contact American Life, Incorporated today. Our team of experts is committed to creating positive investment outcomes for our clients, and 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 270 S. Hanford Street, Suite 100, in Seattle, Washington or at any of our international offices in Shanghai, Tokyo, or London.