The economic recovery has come through the public sector with government stimulus and monetary policy, but with gross domestic product growth at just 1.6 percent in the third quarter, that is well below a typical public-sector recovery. Ben Breslau, Director of Research, Americas, Jones Lang LaSalle, believes that 2011 will be the year that the private sector takes the baton and starts to drive growth. He advises that corporations are flush with cash and will continue to spend and start to hire, bank credit is improving and consumers are spending again, and these moves in the private sector will contribute to improving commercial real estate fundamentals next year. View more at http://www.us.am.joneslanglasalle.com/UnitedStates/EN-US/Pages/News.aspx
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