LoginNew investments in commercial real estate are sparking the U.S. economy, which is reflected in recent data. The Anchorage Daily News reports that Alaska's commercial real estate sector is booming thanks to a number of projects taking place around the state. In fact, commercial buildings in Anchorage, Alaska, currently have a total value of $9.5 billion, which bodes well for the segment's growth over the next few years.
As the United States rebounds from the economic recession of the late 2000s, new commercial development projects could begin throughout the nation. Construction firms will need talented professionals to support their efforts and could bolster their work teams in short periods of time.
According to The Washington Post, the average number of Americans who filed new applications for unemployment insurance support was 349,000 in February 2012 – the lowest level in nearly five years. The construction segment could play a significant role in providing new opportunities to American job seekers, and more commercial firms could sink resources into their work teams. Additionally, the U.S. economy's growth could lead more investors to spend money on commercial projects and provide a boost to skilled commercial real estate professionals across the country.
Content provided by executive search organization, MRINetwork.