Slow But Not Stalled – Stronger Growth On The Horizon
Listen to Maria Sicola, Executive Managing Director, Americas Research, explain why 2013 will be a transition year for the Americas, marked by modest to strong growth. While most of next year will be dominated by economic uncertainty, the underlying health of the regional economies will emerge as the fog lifts later the year, and drives growth higher.
For the real estate sector, 2013 may spell another pause in much of North America, while Central and South America will continue to grow at a healthy pace, but the stage has been set for strong regional growth in 2014 and beyond.
According to Cushman & Wakefield Chief Economist Ken McCarthy, 2013 will get off to a slow start for the global economy, but stability and growth will take hold later in the year as solutions to political-economic problems are implemented. While impacts will differ in each region and in local markets, hear why Ken sees 2013 as being a turning point that will lead to a stronger year in 2014.