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Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. The primary purpose of a REIT is to generate income for its investors through rental income, capital gains, or both. As such, it may lead to higher rental income and property values.
Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. Credit: City of Cape Coral).
The report forecasts a modest increase in the short term, but does not expect a small increase to cause a major disruption to the recovery. Miami, which rose to number eight in the 2014 forecast from 12 th and 17 th place in 2013 and 2012, respectively, is benefiting from South American investment.
According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. percent in 2012, retail sales will grow at an average pace of 3.7 By Dominique Cantelme. percent).”.
Business dollars go a lot farther in Florida given the state’s tax advantages, tax exemptions and no state personal income tax. Businesses thrive in this low-tax environment, and employees enjoy the benefit of no personal income tax. No state personal income tax. Fast Florida Facts. Fourth-largest economy in the United States.
EU and many parts of Asia Pacific are spending gains from rising incomes, low interest rates and low oil prices. In 2016, global prime rents across the three major property types—office, industrial and retail—are expected to grow 2.2 Rents in EMEA are forecast to rise by 3.2 However, because consumers in the U.S.,
Navagant Research forecasts that the global SGaaS market, estimated at $1.7 Companies that manufacture or produce a product in New Mexico, non-retail service companies that export a substantial percentage of services out of state (50 percent+ of revenues and/or customer base) and certain green industries are eligible.
That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.
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