Rising Tailwinds Support CRE Recovery - StreetSmart Article - GlobeSt.com
Posted by Gridplace Admin of GridPlace.com on Jan 14, 2013
From Globest.com
As discussed in our last blog, the biggest threat to the U.S. economic recovery, and therefore the commercial real estate recovery, is the fiscal cliff, which encompasses the expiration of the Bush-era tax cuts as well as mandated federal spending cuts scheduled to take effect at the beginning of 2013. Left unchecked, the combination could deliver a blow to the U.S. economy equivalent to 4 percent of GDP. One can only assume or at least
