Greater Washington’s economy appears to be holding its own despite a particular vulnerability to the Trump administration’s workforce, agency and contract cuts.
CBRE’s REVIVE Regional Vibrancy Index rose 0.9% from the previous month’s analysis to 72.5 out of 100 in May, boosted by improved investor sentiment and continued increases in mobility and visitation scores, said Ian Anderson, CBRE’s senior director of research and analysis.
CBRE (NYSE: CBRE) and the Washington Business Journal began partnering to produce the monthly index in early 2024, tracking changes to the region’s economy following the pandemic. The index lags by more than a month and tracks thousands of data points on dozens of industries and condenses those into major areas: labor, innovation, commercial real estate, residential real estate, mobility and visitation, the federal government and investor sentiment.
Through the Trump administration’s volatile first few months, the Department of Government Efficiency…
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