Key Take Aways
• 22 million Americans (12.5% of work force) on unemployment. States with over 20% unemployment are Michigan, Connecticut and Vermont. SC doing relatively well at 10.5%
• Construction still going strong – worry about lag in @ 4 months
• Commercial Real Estate seeing a good bit of activity – focusing on larger deals. Industrial and land deals are thriving, retail is slow
• Rent abatement inquiries increasing
• Many companies inquiring about reconfiguring their offices to adjust to social distancing