US airlines are providing important clues to the course of the economy. Fourth-quarter earnings reporting by the biggies, Delta and United, were positive. Better yet, United reported that large corporate flyers were up 11% in the first week of the year, usually a doldrum period. This is a particularly good indicator for the health of the economy because business travelers are on the road again, in force. If business is not cutting-back on travel, it is one of the strongest and most important signals that 2019 may be a repeat of last year with surprisingly strong growth. On the real estate front the indicators parallel the news in the sky. Recruiting activity continues to accelerate in the New Year. I am an optimist, so far.
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 selectleaders.com or visit our Job Network Career Centers: BOMA, CCIM, CREFC, GlobeST.com, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC