The Daily Transcript – October 11, 2016 – Chandan tells Trigild Conference economy experiencing real growth
Economic growth in the United States may have peaked, but is better than people realize, according to economist Sam Chandan. The associate dean of New York University’s Schack Institute of Real Estate and a partner at Capri Capital delivered the keynote address during the 2016 Trigild Fall Conference at the Hotel del Coronado last week.
Chandan said while it may not feel like a recovery for many, the economic picture is rosy.
“We are 88 months into an expansion, and the longest we’ve ever had is 120 months,” Chandan said. “More jobs are available there has ever been, [although] there has been a mismatch of skills.”
He added, however, that the growth in the economy may have already topped out in this current cycle. >>> Read More