According to Matt Hudgins, NREI Contributing Writer,

As national chief economist for commercial real estate services company Colliers International, Moore follows about 100 economic indicators that keep his finger on the pulse of the economy and the commercial real estate industry. And since the beginning of the fourth quarter, that pulse has quickened.
“With the exception of housing and unemployment, most of the signals I’m seeing are positive, which does suggest pretty good growth next year,” says Moore.
Unemployment is less than favorable. However the U.S. manufacturing activity expanded in November for the 16th consecutive month, according to the Institute for Supply Management. Consumer spending increased at an annualized rate of 2.4% in the third quarter, up from 2.2% in the previous quarter and 2.0% in the third quarter of 2009. Hessam Nadji, managing director of research and advisory services at Encino, Calif.-based Marcus & Millichap Real Estate Investment Services obsereved Investment activity has rallied this year to ring up $168 billion in sales, 60% more than the 2009’s volume, according to Nadji. That’s a little more than half way to the $287 billion in transactions the market closed in 2004, which is a good benchmark for a normal investment year,

A few strong indications of inmprovement for 2011!
Happy New Year!