A Cushman & Wakefield Research Publication - 2017 Global Forecast

UNITED STATES SOME ASSUMED FISCAL POLICY STIMULUS WILL CREATE ADDITIONAL SHORT-TERM MOMENTUM, WITH REAL GDP ACCELERATING FROM 1.6% IN 2016 TO 2.1% IN 2017 AND 2.3% IN 2018

THE U.S. 10-YEAR TREASURY YIELD HELD STEADY AT 2.2% IN THE SECOND QUARTER

CANADA DOWNSIDE RISKS REMAIN, MOST NOTABLY ELEVATED HOME PRICES (PARTICULARLY IN TORONTO AND VANCOUVER) AND RECORD HOUSEHOLD DEBT.

CANADA IS BEING FUELED BY THE FORCES OF ACCOMMODATIVE POLICY, FIRMING OIL PRICES, AND STRONGER GLOBAL DEMAND. DOWNSIDE RISKS REMAIN, MOST NOTABLY ELEVATED HOME PRICES

MEXICO , THE SECOND LARGEST ECONOMY IN LATIN AMERICA, IS PROJECTED TO GROW IN THE NEIGHBORHOOD OF 2% FOR THE NEXT FEW YEARS

BRAZIL IS SHOWING SIGNS OF EMERGING FROM ONE OF ITS DEEPEST RECESSIONS; REAL GDP SHOULD EXPAND MODESTLY THIS YEAR (0.2%) AND MORE SUBSTANTIALLY NEXT YEAR (2.8%)

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