Navigating the Uncertain Future Economic Landscape

Insights from the CNR July Market Update

The CNR July market update has delivered some significant insights into the state of the economy both now and for the next few quarters.

Is a mild recession likely on the horizon? Focusing on the upcoming quarters is essential in this situation, where the consumer outlook’s resiliency is expected to be tested.

Let’s talk about some of what we know so far:

The Bottom Line

As we approach the second half of 2023, the outlook for the US economy is mixed. While there are still positive signs, such as low unemployment and strong consumer fundamentals, there are growing concerns about a potential recession.

While it’s true that some experts believe that labor shortages will limit increases in unemployment, there are also indications that demand is cooling and that job cuts might increase.

This suggests that the US is heading into a mild recession, even if it’s unclear when exactly we can expect it to arrive.


Why It Matters

Why should you bother paying attention to these predictions and forecasts?

For one thing, it can help you prepare for what’s ahead. For example, if you’re a business owner or investor, you may want to adjust your strategies to account for the changing economic environment.

On the other hand, if you’re a consumer, you may want to start thinking about how to protect yourself in a recession.

For example, you may want to ensure that you have a solid emergency fund, pay off as much of your debt as possible, and avoid taking on new debt unless necessary.


Looking Underneath the Hood

Let’s look closely at some factors contributing to the current economic climate.

On the one hand, there are some positive signs. Unemployment remains low, and many households have a solid financial position with healthy savings and credit availability.

However, some worrying trends are also emerging, such as cooling demand and increasing job cuts.

Nominal wage growth is slowing, and many consumers are already dipping into their savings. Meanwhile, consumer credit access is tightening, and delinquency rates are rising in some sectors.

These factors suggest we are in for a bumpy ride in the coming quarters. While some sectors may continue to perform well, others may struggle as the economy cools.

That’s why staying vigilant about what’s happening in the economy is more important than ever.

Having advice from a commercial real estate professional can be especially useful for businesses looking to navigate this uncertain landscape. By staying ahead of the curve, you can position yourself for success and weather any potential storms.

Source: City National Rochdale – July 2023 Market Update



Are you considering buying or selling a commercial real estate property?


Let’s talk!


Commercial Advisors Group - Houston Real Estate Brokers

How to Choose the Best Real Estate Broker in Houston

Houston's commercial real estate market is dynamic and competitive, characterized by its diverse range of properties and investment opportunities. From sleek downtown office spaces to sprawling industrial warehouses, the city offers many options for discerning...
2024 Commercial Real Estate Trends Insights & Projections from Industry Polls

2024 Commercial Real Estate Trends: Insights & Projections from Industry Polls

Welcome to our dive into commercial real estate market trends for 2024. At the end of 2023, we conducted a series of polls on LinkedIn, engaging with professionals in the commercial real estate realm, investors, and business owners. Our goal was to gauge sentiments...
How To Find the Best Industrial Brokers

How To Find the Best Industrial Brokers

The key to a successful industrial real estate transaction often lies in finding a skilled industrial broker who can guide you through the complexities of the market. Just as you would select a doctor, lawyer, or dentist, choosing the right industrial broker requires...
What Is Real Inflation?

What Is Real Inflation?

Buying commercial real estate is a great way to fight against inflation. Unlike renting, where rates can change, owning commercial property helps protect and grow your money as prices rise, making real estate a top option for investors. Real Inflation vs. the Consumer...
How To Choose the Right Retail Broker in Texas

How To Choose the Right Retail Broker in Texas

For many business owners, owning or renting their own physical commercial retail space is the dream. While you may have already established an online presence or dabbled in pop-up sales, having a retail space that is uniquely yours can foster a lively community and...
How To Invest In Commercial Property For Sale In Houston

How To Invest In Commercial Property For Sale In Houston

Investing in commercial real estate can be an intelligent way to generate strong returns, but researching properties, evaluating deals, and closing transactions requires diligence and expertise. As the fourth largest city in America, Houston offers entrepreneurial...
What To Look For in a Commercial Space for Rent in Houston

What to Look for in a Commercial Space for Rent in Houston

If you’re looking to start a business or expand an existing one, Houston, Texas, might just be the perfect place to do so. Houston’s culture of innovation, art, and technology can provide a solid foundation for your business. Are you ready to find a commercial space...
How to Streamline a Property Investment with a Commercial Real Estate Broker in Houston

How to Streamline a Property Investment with a Commercial Real Estate Broker in Houston

Finding the right retail space in Houston's dynamic market is challenging. Are you searching for a retail property that not only fits your budget but also positions your business for growth? The expertise of a commercial real estate broker specializing in Houston's...
Business and Life is a Team Sport: Having The Right Team Matters

Business and Life is a Team Sport: Having The Right Team Matters

Are you considering investing in commercial real estate in Houston? Whether you're a seasoned investor or a first-time buyer, having an experienced professional by your side can make a difference in navigating the complex world of commercial real estate. From finding...
Only 25% Believe That 2024 Is Going To Be Better Than 2023

Only 25% Believe That 2024 Is Going To Be Better Than 2023

As we begin 2024, the commercial real estate industry faces many challenges and uncertainties. From the slowing lending activity to the global economic recovery, businesses must be proactive in navigating these complexities. However, amid these challenges lie...