EP77 - Inflation pressures, labor gaps, and CRE market signals
18 Sep 2025
Inflation is running above the Fed’s 2% target, labor quality remains a top concern for small businesses, and consumer credit growth is sending mixed signals. Together, these forces are framing the near-term outlook for CRE, from leasing demand to borrowing costs.
In this episode, Omar and Cole analyze the NFIB Small Business Optimism Index, break down the latest CPI and PPI readings, and examine consumer credit data alongside sentiment trends to provide a clearer picture of the current market signals.
Resources mentioned:
Key moments
01:23 NFIB Small Business Optimism Index recap
04:22 Inflation data: PPI and CPI insights
07:35 Consumer Credit and sentiment analysis
13:45 Upcoming Fed decision and market expectations
18:19 Conference highlights and networking
20:49 Upcoming events and data releases
Your hosts
Omar Eltorai
Director of Research
Cole Perry
Associate Director of Research
Disclaimer
This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice or services of Altus Group, its affiliates and its related entities (collectively “Altus Group”). You should not act upon the information contained in this publication without obtaining specific professional advice.
A number of factors may influence the performance of the commercial real estate market, including regulatory conditions and economic factors such as interest rate fluctuations, inflation, changing investor sentiment, and shifts in tenant demand or occupancy trends. We strongly recommend that you consult with a qualified professional to assess how these and other market dynamics may impact your investment strategy, underwriting assumptions, asset valuations, and overall portfolio performance.
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