The economy is looking better, with growth in employment, retail spending, and manufacturing production. Will the economic recovery spread to real estate?
Here is data show improving employment, car sales, hotel occupancy. Home prices have turned the corner (probably), small businesses still struggle, interest rates are low and the stock market is resilient.
Although the economy is not growing rapidly, some companies are anticipating strong growth and recognizing the challenges that growth can present. Yes, growth is not always easy.
The latest data from the Federal Reserve Survey of Senior Loan Officers show that banks continue to loosen their credit standards and narrow their interest rate spreads on commercial and industrial loans.
