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EXECUTIVE WATCH GlobeSt.com:
BY ANTHONY J. LOPINTO
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| EXECUTIVE WATCH
is a weekly column featured on GlobeSt.com, the leading online real estate
news site. Tony LoPinto, the CEO of Equinox Partners has been the
author of this widely read column.
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EXECUTIVE WATCH PERSPECTIVE
By Anthony J. LoPinto
November 28, 2006
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The University of Michigan's Conference Board reported this week that its measure of consumer confidence slipped slightly from the previous month, but remained near a 15-month high. The study also indicated that, for the first time in more than a year, more consumers said the economy had improved rather than worsened. The report caught my attention because it reinforced what we have observed on the recruiting front. Hiring activity has remained active across the board, implying that confidence among decision makers remains strong. Every sector is active, and, of particular interest, is the launch of searches this quarter for transactional professionals (acquisitions, development and leasing), signaling continued expansion in '07. Activity is not only strong at the senior ranks but, as indicated by job postings over the past six months, the appetite for mid-level talent is also robust. Notwithstanding this apparently strong hiring trend, most executives are "cautiously" optimistic, so it will be interesting to see how this plays out as we enter the New Year.
© 2007 - GlobeSt.com, all rights reserved.
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