AEW Capital Management - Mon, 07/15/2024 - 16:16

U.S. Economic and Property Market Outlook

U.S. economic growth slowed sharply over the first three months of 2024, decelerating from more than 4% annualized growth recorded during the second half of 2023 to only 1.6% for the first quarter. Previously reliable business cycle indicators such as the Index of Leading Economic Indicators (see Figure 1) continue to signify additional slowing ahead with heightened probability of actual economic contraction (i.e., recession) over the next 12-24 months.

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