The US economy may be experiencing slow growth but that doesn’t mean there aren’t positive signs in certain sectors. The industrial sector in California is one area that offers signs of potential future growth. That’s the conclusion drawn by the authors of a recent survey on commercial real estate, which focused on vacancy rates.
Jerry Nickelsburg, a Senior Economist with UCLA Anderson Forecast, one of the partners involved in the survey, reports that a “significant portion of our panel has indicated that they or their associates are going to begin new projects in the next twelve months.”
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