Is the Economic Recovery Still on Track

August 2021

 
 

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Video Highlights

GDP grew by an annualized rate of 6.5% in 2Q - a bit below expectations.

Other economic indicators remain strong - Job growth, retail sales, confidence, etc.

The recovery is still well underway, strengthening demand for all types of CRE.

Sales activity is elevated as investors remain bullish on the long-term outlook for real estate.

Although the Delta variant and tax law changes pose some risk, 2H 2021 is shaping up to be positive for investors.