💨 Abstract

Greater Washington's economy faces challenges due to federal government contraction and uncertain capital markets. However, there are positive indicators such as a robust residential housing market, increasing regional mobility, and decreasing unemployment claims in the District. Despite these bright spots, commercial real estate continues to struggle amid economic uncertainty. The CBRE REVIVE Regional Vibrancy Index fell 1.2% to 71.3 out of 100, reflecting the mixed economic landscape.

Courtesy: wtop.com