ORLANDO-With the new calendar year comes new predictions of a commercial real estate recovery. As the month of January winds down, the last of the predictions for 2011 are rolling in, including what George Livingston, chairman of NAI Realvest in Maitland, is calling good news for 2011 and 2012.

“Consumption—measured by Gross Domestic Product—is the main driver of economic activity,” Livingston says. “Consumption is up nearly 8% over last year and this will undoubtedly lead to increased GDP growth, estimated at about 3% in 2011. That will have a positive impact on creating jobs, which ranks as the strongest economic indicator we have.”


NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.