The economy in the United States has delivered its 103rd straight month of employment gains by adding approx. 263,000 jobs in April. This marks yet again another strong and record-breaking metric that proves the current strength and growth of the US economy. Unemployment dropped to 3.6% and is at its lowest level since December 1969. This economic momentum continues to remain evident and a strong economy will continue to lead to consumer confidence and spending benefitting all involved!
With the addition of 263,000 jobs in April, the US economy has delivered its consecutive 103rd straight month of employment gains. This is a remarkable accomplishment! The growth and strength of the economy are clear given the delivery of job gains and low unemployment at 3.6%, proving the continued strength of the US economy. This growth will universally continue to support real estate market fundamentals and investment activity across the commercial real estate industry and shopping center sector.