We’re on Recession Watch

Dana Peterson, chief economist and center leader for economy, strategy and finance at The Conference Board, joined our guest host Christopher Ware, NAIOP’s vice president for business development and strategic initiatives. Peterson – who delivered keynote remarks at I.CON East this year – paints a broad macroeconomic picture, discussing the implications of the recent regional bank failures; deglobalization and the manufacturing renaissance; and why the tight labor market isn’t going away. Peterson also explains the Fed’s recent “hawkish skip” in interest-rate increases; the state of global monetary policy; and two positive forces impacting the industrial CRE sector that may help it weather the next recession. Recorded on June 16, 2023.