Last week's disappointing job report highlighted several trends important to the CRE community.
From a general perspective, the resurgence of COVID-19 continued to hang over the economy in January. Only 49,000 jobs were created in the month after a loss of 227,000 positions in December.
Still, there is reason for optimism. In a report analyzing the jobs figures, Marcus & Millichap says the continuing vaccinations and fewer infections in early February could point to brighter days ahead.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
