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Happy New Year

Every year for the first column after Labor Day I wish all of our readers a very happy New Year. Today begins a sprint to the end of the calendar year and the race to next summer, so in many respects it is a business year cycle.

This year the headline is Recession. After almost a ten-year run, everyone is speculating about when the economy will dip into recession, yet most pundits are having a hard time pinning down the real and tangible evidence for a recession with strong employment, continued good news on the corporate earnings front, low interest rates (actually very low), and balance sheets in check.

Of course we have uncontrolled daily tweets out of Washington, a dicey geo-political situation, especially on the China and North Korea front, and turmoil in the UK and Europe. So as we begin the New Year my suggestion is to keep our heads down, disregard all of the static, put numbers up on the board, and hope that the unknown trigger that will actually usher in a recession is still down the road some.

About the SelectLeaders Job Barometer

The SelectLeaders Job Barometer, published since 2006, is the foremost survey of employment opportunities, trends, and hiring practices in the commercial real estate industry.

About the SelectLeaders Real Estate Job Network

SelectLeaders powers the Career Centers for 9 premier real estate industry Associations (whose members control or direct 90% of commercial real estate). Jobs are from all sectors and all levels with 29% paying over $100,000. SelectLeaders Job Network offers unequalled access to the Real Estate community. To learn more visit or visit our Job Network Career Centers: BOMA, CCIM, CREFC,, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC

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