Charlie Myers: Is a Slowdown Coming to North Texas?
By: Charlie Myers
Published in D CEO June 13, 2016
The headlines are beginning to show up nationally: “Momentum slows.” “Only 38,000 jobs created in May.” “Banks stepping back on construction loans.” Is this the bad news we’ve been anticipating?
As a general contractor with nearly 30 years of experience, I have learned that you need to be prepared for business cycles, whether up or down. Last month at the International Council of Shopping Centers convention—an event that broke all previous attendance records—36,000 of us heard the forecast for the retail industry. Overall, the mood across the country was positive, with talk of expansion in many markets. But the biggest single topic was North Texas, and the optimism of regional and national retailers that are planning to expand here.