At Your Service - Commercial Service Firms Lead the Charge

At Your Service – Commercial Service Firms Lead the Charge Happy New Year! This year is being ushered in with a boatload of good economic news, and a lot of optimism. Yesterday, the Dow hit a multi-year high; lead articles in the Wall Street Journal, over the past couple of days, indicate that corporations have righted their balance sheets, hoarded cash and are now ready to go on a hiring spree; Congress is sorting out things as government moves to the “center” where we need it to be to get things done; and real estate is starting to feel better all over. Clearly with a stage set like this, it is reasonable to assume that real estate commercial service firms are in for a good ride this year and I expect that we will see large global firms, and boutiques as well, renew hiring activity and other organizational investments to capitalize on the recovery. This trend is going to cut across all of the business lines of these companies. Service firms are often leading indicators, and the indicator light is bright green. Cheers, and here’s to a good year!