Amid warning signs, recession is not imminent
Source: Jon D. Hendricksoni of the Colorado Real Estate Journal
Rising national unemployment, declining large purchase sales and tumultuous securities markets have some economists forecasting a recession. Despite this, Cushman & Wakefield managing director Jon Hendrickson feels that safe lending practices and Denver’s growth in jobs show a recession is not near.
Hendrickson distinguishes recent recessions from today’s market condition, and why Denver is one of the top markets in the company in the full article.
