Economic Update: U.S. Inflation Jumps, Retail Sales Strong & Real Estate Stabilizes

SVN’s late April 2026 economic update shows rising inflation, strong retail sales, and growing uncertainty. Inflation climbed on energy price shocks, while consumer sentiment and small business optimism declined. Despite this, consumer spending remained resilient. Commercial real estate is beginning to stabilize, especially in industrial and office sectors. Overall, the U.S. economy remains active but faces mounting cost pressures and an uncertain outlook.