• Confidence Among Small Businesses Rebounds

    • Confidence dropped in 4th Quarter as trade policy uncertainty, stock market volatility and rising interest rates clouded the economic outlook

    • Fed’s increasingly accommodative tone is lifting small business optimism

    • Businesses remain committed to expansion and hiring – a positive indicator for the economy

  • Optimism Directly Supporting Array of CRE Sectors

    • Expanding small businesses lease additional Office, Industrial, and Self-Storage space

    • Elevated business travel bolstering Hotel demand

  • Indirectly Supports Demand for Apartment and Retail

    • Small businesses employ nearly half of U.S. workers

    • Increased hiring and wage growth supports Apartment and Retail space demand drivers

 

 

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