## Abstract The slumbering US job market has cooled hopes for significant improvement in the real estate markets and even the most optimistic are now pinning their hopes on next year. There is however a distinction among the major American markets as to which will lead the recovery, and which will
The US economy: the real estate outlook for 2002
β Scribed by Marc Louargand
- Publisher
- Wiley (John Wiley & Sons)
- Year
- 2002
- Weight
- 318 KB
- Volume
- 1
- Category
- Article
- ISSN
- 1473-1894
- DOI
- 10.1002/bref.45
No coin nor oath required. For personal study only.
β¦ Synopsis
Abstract
The combined impact of recession and terrorist attacks on America on US real estate markets has already proved troublesome for investors and operators and is likely to be felt in 2002 as well. Stresses on US real estate include a slowing economy, the hangover of excess real estate consumption from the bubble year of 2000 and a widespread reluctance to travel domestically or internationally. Herein, we take our annual look at the space markets and capital markets in the USA. Copyright Β© 2002 Henry Stewart Publications
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## Abstract The UK economy is likely to put in a solid performance during the next two years. Economic activity is expected to grow at a belowβtrend rate of around 1.7 per cent this year, with the impact of sharp equity market falls, a weak global economy and manufacturing sector fragility largely
## THE US MACRO ECONOMY The US economy is in a generally weak condition at mid-year 2001. Virtually all manufacturing-intensive regions are in recession. The share of the labour force filing new unemployment claims is running just below the levels attained in the 1991 recession. Corporate profits