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Bay Area : Investment Snapshot - Q4 2015

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Bay Area : Investment Snapshot Q4 2015

The Bay Area economy closed out 2015 as among the strongest in the United States. Employment in the region has increased substantially since the beginning of the current cycle; the Bay Area has added over 628,800 jobs since Q3 2010. Total regional employment now stands in excess of 3.7 million, while unemployment is down to 4.0% as of November 2015. Total nonfarm employment increased 3.5% year-over-year, but grew only 2.4% (annualized) in the fourth quarter. According to Moody’s Analytics, employment growth is expected to moderate into the low 2% range in 2016 and 2017 for two reasons—the economy is already at full employment, plus weaker global growth is muting demand for goods and services.

Source : Cushman & Wakefield 

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Keywords : Cushman & Wakefield