In June, the US economy reached its 121st consecutive month ofeconomic expansion. That broke the previous record of growth, whichspanned from 1991 to 2001. While this decade of sustained growth isprecedented, some executives surveyed in the latest 2019 DLA PiperAnnual State of the Market Survey, expect the next 12 months tocontinue to produce positive results.
In the prior survey (conducted during the government shutdown),42% of respondents said they had a bullish outlook for the next 12months. In the 2019 survey, that percentage jumped to half ofparticipants.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
