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LONDON—In June, the US economy reached its 121st consecutive month of economic expansion. That broke the previous record of growth, which spanned from 1991 to 2001. While this decade of sustained growth is precedented, some executives surveyed in the latest 2019 DLA Piper Annual State of the Market Survey, expect the next 12 months to continue to produce positive results.
In the prior survey (conducted during the government shutdown), 42% of respondents said they had a bullish outlook for the next 12 months. In the 2019 survey, that percentage jumped to half of participants.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
