U.S. Macro Outlook Q4 2017

by James Lane | Feb 14, 2018

U.S. Macro Outlook Q4 2017

The U.S. economy ended 2017 on a relatively strong note, its 2.3% GDP growth up from 2016's 1.5%. January’s impressive jobs report and jump in wage growth further demonstrated the domestic economy’s strength.

The new tax plan should encourage firms to invest more in their factories and workers, likely pushing wage growth and productivity higher. Given the shrinking labor pool, job growth will moderate, but overall, strong consumption spending, higher private investment and fiscal expansion will ensure solid growth in 2018. The investment environment for U.S. real estate remains attractive due to strong fundamentals and limited risk.

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