February 2026 Luncheon: “US Economic Outlook” with Anna Kovner
Submitted by Stephanie Jenson, JLL
CREW Charlotte was privileged to host Anna Kovner from the Federal Reserve Bank of Richmond at February’s luncheon, for an insightful presentation on current national economic conditions.
Kovner described the current economy as a “Tale of Two Economies,” highlighting significant divergences across key indicators. While GDP remains strong driven by productivity gains and resilient consumer spending, employment data presents a mixed picture with unemployment at 4.4% and the emergence of new economic phenomena like “jobless boom” and “job hugging”.
An encouraging development is inflation data showing continued stabilization, with housing playing a particularly helpful role in disinflation trends. However, challenges persist for small businesses and lower-income consumers who face ongoing financial pressures.
Looking ahead in 2026, Kovner outlined both tailwinds and headwinds, including potential tax cuts and deregulation as positives, balanced against policy uncertainty and demographic challenges from an aging workforce. The productivity pickup continues to be a bright spot, offering hope for sustained economic growth.
This comprehensive economic overview provided valuable insights for Charlotte’s commercial real estate professionals navigating current market conditions.
Participate in the Richmond Fed’s Monthly Business Surveys
The Federal Reserve relies on accurate, timely data to understand economic trends, inform policy decisions and support the well-being of our nation’s economy. Each month, the Richmond Fed surveys businesses across its region to provide perspectives on current business activity and expected changes in economic conditions. This timely, “on the ground” information helps ensure the Richmond Fed leaders and economists have real-time data to inform the nation’s monetary policy to promote our economic goals of maximum employment, stable prices and moderate long-term interest rates.
Who Should Participate
- Large, medium or small businesses in our region, which includes Maryland, North Carolina, South Carolina, Virginia, part of West Virginia and Washington, D.C.
Why You Should Participate
- Fast and Easy: Surveys only take an estimated seven minutes to complete. Monthly survey links are emailed directly to participants, who then have two weeks to complete the survey.
- Important: Survey results inform Richmond Fed leadership when deciding the nation’s monetary policy. This data is also used by researchers and publications to show current economic conditions.
- Additional Benefits: Survey participants are invited to attend quarterly webinar events and will receive aggregated survey results monthly.
Interested in participating? Submit your contact information to using this survey sign up form. If you have any questions, contact Richmond Fed survey director Jason Kosakow at Jason.Kosakow@rich.frb.org.

At CREW Charlotte’s first luncheon of 2026, Chief Estella Patterson of the Charlotte-Mecklenburg Police Department delivered an inspiring message on leadership shaped by resilience, intention, and collaboration. Her remarks reflected several of Colin Powell’s well-known leadership principles, offering timely guidance for leaders navigating complexity and change.