Cooling jobs, rising costs, and where CRE sectors are still winning
Description
The Beige Book signals an economy under pressure, with slowing growth, rising costs, and cooling labor markets weighing on CRE. In this episode of CRE Exchange, Cole Perry and Omar Eltorai break down where challenges are mounting and where opportunities remain.
They spotlight resilient sectors like data centers, industrial, and high-quality office, alongside the surprising momentum of unanchored strip centers. The discussion closes with a look at key upcoming economic data and what it could mean for investment strategies.
Key Moments:
01:14 Federal Reserve Beige Book insights
07:40 Labor market data analysis
11:19 Employment Situation Report breakdown
16:20 Deep dive into strip center data
20:30 Upcoming conferences and data releases
Resources Mentioned:
Beige Book: https://www.federalreserve.gov/monetarypolicy/publications/beige-book-default.htm
Job Openings and Labor Turnover (JOLTS): https://www.bls.gov/jlt/
ADP National Employment Report: https://mediacenter.adp.com/2025-09-04-ADP-National-Employment-Report-Private-Sector-Employment-Increased-by-54,000-Jobs-in-August-Annual-Pay-was-Up-4-4
Employment Situation Report: https://www.bls.gov/news.release/empsit.nr0.htm
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United States
