DEC 11, 2024:
Throughout 2024, the U.S. economy demonstrated unexpected resilience, defying earlier forecasts of a mild recession. Robust consumer spending, low unemployment, and stronger-than-expected GDP growth exceeded expectations. However, despite these positive economic indicators, which prompted the Federal Reserve to delay and limit rate cuts, public sentiment remained mixed, driven by high living costs and a charged political climate.
Looking ahead, this report explores how expansionary fiscal policies and ongoing challenges are likely to influence the economic and commercial real estate landscape in 2025.
Source: Colliers