世邦魏理仕：2023Q1普吉特海湾经济更新报告（中译版）（21页）.pdf

1、CBRE RESEARCHEconomic UpdateQ1 2023PUGET SOUNDEconomic Update2CBRE RESEARCH 2023 CBRE,INC.Intelligent InvestmentPuget Sound Economic UpdateSummaryThe Puget Sound region continued to gain jobs during Q1 of 2023,mainly driven by the Hospitality,Trade/Transport and Business Services sectors.Despite con

2、tinued challenges to underwriting deals and financing business operations amidst hawkish monetary policy,overall consumer spending improved and equity markets again generated positive returns during the quarter.With respect to job postings,however,the Puget Sound region ended Q1 with 7%fewer posting

3、s than pre-pandemic levels on a seasonally adjusted basis.1While nationwide manufacturer confidence remained flat in Q1,consumer sentiment improved by more than 2%and the consumer savings rate remained well below the five-year average of 10%.Though household balance sheets remain relatively healthy

4、by historical standards,continued uncertainty remains a theme in 2023 as borrowing rates remain elevated and many large companies make provisions for slowedeconomicgrowth in 2023.Among the top 25 employers job postings,the Technology sectors share remained muted during the quarter at 4%.Meanwhile,th

5、e shares of job postings by the Government/Non-Profit sector and Aerospace sector doubled to 14%and 25%,respectively.Openings in the Aerospace sector were again led by Blue Origin,Raytheon and Boeing.Healthcares share moderated from 55%to 45%,while Retails share declined from 18%to 5%.Key declines i

6、n hiring activity by PetSmart,Walmart/Sams Club and Pizza Hut led to the decline in the Retail sectors share in Q1.1Indeed Hiring Lab,April 2023.Current EmploymentThe Seattle metro area shed 5,000 jobs in Q1 of 2023The regions job base is 2.0%larger than it was pre-pandemicSeattles 3.2%unemployment