CI Premium: 6 Reasons To Be Optimistic in 2015

Rising employment, a healthier housing market, and a willingness by larger corporations to invest in infrastructure should add some needed oomph to the business environment in 2015.

Blue skies and cool breezes. That’s the economic forecast as the calendar turns for a new year.

Businesses looking to bolster revenues and profits over the next 12 months should benefit from a gradual improvement in such vital supports as employment, housing and capital investment by big corporate players.

“Recent economic data have been encouraging,” says Sophia Koropeckyj, managing director of industry economics at Moody’s Analytics, a research firm based in West Chester, Pa. “Stronger job growth, record low debt service burdens, record high stock values, and rebounding house prices are supporting consumer spending.”

While such factors would normally be expected to provide a healthy tailwind to the economy, a number of issues will continue to put a drag on progress. “Weak wage growth and a considerable amount of lingering slack in the labor market are preventing even stronger spending,” says Koropeckyj. She points to the high share of workers who would prefer to be employed full-time but who must settle for part-time jobs.

But how soon will it all turn around?

Learn six big reasons to be optimistic in 2015 (and how to overcome the economic challenges that remain) in this Commercial Integrator Premium Content piece.

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