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Ventura County Home Values, Expect the ‘longest economic expansion’...
Expect the ‘longest economic expansion’ since WWII, says economistDon't hold your breath for a recession anytime soon, says Cushman & Wakefield's global chief economist BYAMBER TAUFEN Staff Writer   JUN 15  Key Takeaways Kevin Thorpe, global chief economist at Cushman & Wakefield, thinks there's little cause to worry about a recession in the next couple of years. Consumer confidence is high, and although the government is experiencing gridlock in Washington, D.C., Thorpe expects at least a few of President Trump's financial policies to pass. There's a labor shortage that's more acute than we've seen in years, and office space is being overbuilt. Don't miss the real estate event of the summer
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LEARN MORE Kevin Thorpe | Photo by Amber Taufen
DENVER — “This is going to be the longest economic expansion in the post-World-War-II era,” stated Kevin Thorpe, the global chief economist at Cushman & Wakefield.
He was giving an assessment to a crowd of reporters at the National Association of Real Estate Editors conference, and the general message was one of growth — not risk.
Recession? “The U.S. will not be going into recessions anytime soon,” Thorpe said.
“Recessions don’t just happen,” he added. “First we need ... more

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