Central business districts continue to face challenges
Key takeaways
Since the pandemic, central business districts have faced a slower rebound in consumer spending than the overall U.S.
In BAC internal data we find the rebound in post-pandemic brick and mortar spending is still lagging in northern central business districts.
The increase in working from home is one driver of this, but also the large domestic migration flows that occurred during the pandemic. Will cities find a way to bring consumers back?
Read our full analysis for a more in-depth look at these trends.