Real GDP Exceeds Pre-pandemic High; Details of the Report Are Favorable for Commercial Real Estate
July 30, 2021 | Calvin Schnure | Nareit
Real GDP rose at a 6.5% annual rate in the second quarter of 2021, as total output of the U.S. economy exceeded the pre-pandemic high by 0.8%. The major components of GDP have had very different trajectories, however, and the details of the GDP report have several positive implications for the outlook for commercial real estate markets and REITs.
