Are Your Business Plans More Chorus Than Cantor?
From the
Dallas Morning News yesterday -
Outside our bubble, sobering forecasts:
- The U.S. unemployment rate will hover at 7.1 percent in 2014.
- The country won't reach full employment for 16 more years.
- For the first time since the Great Depression, more Americans think their incomes will be lower in the future than higher. That's made us a nation of worrywarts and tightwads.The Federal Reserve's "body language" is telling the world that it has no confidence in the U.S. economy.
- The stock market is "frothy" and beginning to look overvalued.
- The one million U.S. housing starts forecast for 2014 is till 500,000 shy of a real housing recovery.
- Flat holiday sales have retailers in a panic mode and making deeper discounts earlier.
But -
- Dallas-Fort Worth is #2 in the nation in both industrial and retail construction.
- #3 in apartment building.
- #5 in office construction.
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