Election casts uncertainty on Greater Washington’s economic outlook

The presidential election has cast uncertainty on virtually every aspect of Greater Washington’s economy.

“I’m not ready to sound any alarms at this point,” said Ian Anderson, CBRE’s senior director of research and analysis. “We don’t know what’s really going to happen.”

It’s far too early to say what the impacts of a second Trump administration may be — though President-elect Donald Trump has certainly drops some hints on everything from D.C. Home Rule to in-office mandates to the FBI headquarters relocation. For now, the region’s economy continues to be weighed down by a weak commercial real estate market but boosted by tourism, innovation and investor sentiment.

Those are among the latest findings of 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 (NYSE: CBRE) and the Washington Business Journal are partnering to produce the monthly index,…

Read the full story from the Washington Business Journal.

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