A lot of offices are still empty — and it's becoming a major risk for the economy
The office property sector is in trouble as many workplaces remain empty, and that threatens to spark a number of economic problems, including more pain at the country's banks.
by Arezou Rezvani
May 16, 2023
3 minutes
The next big potential risk to the U.S. economy may be lurking in corporate towers across the country's downtown districts.
With many people still working from home, companies are cutting back on so much office space that it threatens to unleash even more headwinds for the U.S. economy.
An unraveling of the office sector spells trouble not only for banks that are owed an estimated $1.2 trillion in outstanding office loan debt, but also for countless as well as
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