News
FISCAL CLIFF KEEPING US HANGING
August 23, 2012
We got a chance to follow up with GSU?s economic Nostradamus Dr. Rajeev Dhawan on predictions for Atlanta: For the next 12 months, we'll still be experiencing a ?growth pause? (we use the same phrase to explain why we're not good at basketball) as the potential ?fiscal cliff? with our national budget and the tax implications weigh heavily on CEOs. But, discounting any Black Swans, 2014 will be a return to good growth. He's also not concerned with the boom in apartments in Atlanta. Of the 15,000 new housing permits filed for the next three years, 6,000 are for apartments, Rajeev says. |