US Commercial Real Estate Outlook: A few storm clouds linger for US CRE in 2024

Date: Thursday 28 September 2023

As a mild recession approaches in a higher interest rate environment, we assess what this means for the US economy and the commercial real estate outlook.

Michael Pearce

Lead US Economist

+1 (347) 756 6500

Michael Pearce

Lead US Economist

New York, United States

Michael joined Oxford Economics in 2023 as Lead US Economist based in New York City. He has over a decade of experience analyzing the US and global economies, previously at Capital Economics, and spent a year working in the UK Treasury.

Michael has lived and worked in the US, UK and Switzerland. He has degrees in Economics and Economic History from University College, London and LSE respectively.

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