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New York City, NY : Multifamily Snapshot - Q2 2014

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New York City, NY : Multifamily Snapshot - Q2 2014

After a weak weather-affected first quarter, which saw U.S. gross domestic product (GPD) contract at a - 2.9% annual rate, the U.S. economy recovered all that output and more in the second quarter, expanding at an estimated 3.2% annual rate. Job growth accelerated sharply during the quarter, as the economy added 816,000 jobs – the fastest pace in over a year.

Source : Cushman & Wakefield

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