If you have any questions, or need assistance, please contact Client Services at websales@cbre.com or call (855) 223-1200.

Hotel Currents

  • U.S. Macro Outlook Amid COVID-19 - Q1 2020 Updated

    by Matt Mullen | Apr 16, 2020
    Prior to COVID-19, 2020 was expected to be a weaker year due to delayed business investment and slower job growth and household spending. But now COVID-19 has forced us to revise our annual outlook down further.
    Full story
  • U.S. Macro Outlook Amid COVID-19 - Q1 2020 Preview

    by Matt Mullen | Mar 24, 2020
    Before COVID-19, growth was poised to slow a bit in 2020, especially from slower business investment, and some positive factors were materializing in late 2019. In mid March, CBRE EA lowered its expectations for U.S. GDP growth to 0.4% for 2020, down from a previously estimated 2.0%. Specifically, we expect the economy will contract in H1 2020 followed by a bounce back in Q3. This deteriorating backdrop in the near-term has sparked a flight-to-safety among investors, forcing the Federal Reserve (Fed) to take aggressive action.
    Full story
  • U.S. Macro Outlook Q4 2019

    by Matt Mullen | Mar 24, 2020
    Aggressive stimulative action is unlikely to stem the economic slowdown this year. As key components of the U.S. economy literally shut down in Q1 and Q2 2020, GDP will materially contract in coming months. However, reduced demand during H1 2020 will result in stronger growth for H2 2020 and 2021 as some capital outlays are delayed.
    Full story
  • U.S Macro Outlook Q3 2019

    by James Lane | Dec 04, 2019
    CBRE forecasts growth below the estimated long-term trend—near 2%—with U.S. GDP growth between at 1.5% and 2% in 2020 and 2021. Importantly, we will avoid a recession, absent unforeseen shock s, primarily due to monetary stimulus and healthy consumer sentiment.
    Full story
  • U.S Macro Outlook Q2 2019

    by James Lane | Aug 29, 2019
    We now anticipate an extended period of low but positive economic growth preceding a pick-up in H2 2021. We still expect some shrinkage in employment during 2021, as the economy slows, but less than we had previously.
    Full story
  • U.S Macro Outlook Q1 2019

    by James Lane | Aug 29, 2019
    Given the persistent business uncertainty, slower global growth, lagged effects of tighter monetary policy, and ongoing trade tensions, our growth forecast for the U.S. for 2019 remains unchanged from last quarter.
    Full story
  • U.S Macro Outlook Q4 2018

    by James Lane | Mar 05, 2019
    Economic growth to remain healthy in 2019, moderating slightly. Job gains likely to slow as pool of available labor shrinks.
    Full story
  • U.S Macro Outlook Q3 2018

    by James Lane | Nov 09, 2018
    Economic growth should moderate in 2019, but remain reasonable, driven by the remaining impact of fiscal expansion, the capital spending cycle and high consumer confidence.
    Full story
  • U.S. Macro Outlook Q2 2018

    by James Lane | Aug 29, 2018
    Our baseline Q2 2018 forecasts remain largely unchanged from last quarter. While growth in the first half of 2018 was particularly strong, growth in the second half will likely moderate as financial conditions become tighter and the one-time effects of the export surge during Q2 likely begin to fade.
    Full story
  • U.S. Macro Outlook Q1 2018

    by James Lane | May 23, 2018
    Our baseline forecasts for Q1 2018 remain largely unchanged from last quarter. We expect the government’s fiscal stimulus to boost growth, though gains are modest given that the economy is operating at near-capacity.
    Full story