RUN WITH REVIVE CHART
Greater Washington’s economy remains ‘stable’ in lead-up to election
Greater Washington’s economy has remained “remarkably stable” in recent months heading into a presidential election that has just about everyone in wait-and-see mode.
Those are the latest findings from CBRE’s REVIVE Regional Vibrancy Index charting the D.C. area’s economic strengths and weaknesses in the wake of a pandemic that changed the core of how the region operates.
CBRE and the Washington Business Journal are partnering to produce the monthly index, tracking changes throughout 2024. The index in August slightly dropped 1.2% from the previous month to 70.9 out of 100. The data lags by several weeks, meaning any impact of the November election likely won’t be recorded until at least January.
The index has risen 1.2% over the past three months, but is down 1.1% over the last year.
“I think we just remain in a bit of a wait and see holding pattern until interest rates…
Read the full story from the Washington Business Journal.
