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Measuring Commercial Real Estate's Impact
Construction and development of commercial real estate generates significant economic benefits throughout the U.S. and Canada.
Economic Impacts of Commercial Real Estate, 2024 U.S. Edition
Development and construction of new commercial real estate in the United States – office, industrial, warehouse and retail – generates significant economic growth at the state and national levels. This annual study, published by the NAIOP Research Foundation, measures the contribution to GDP, salaries and wages generated and jobs supported from the development and operations of commercial real estate.
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Economic Impacts of Commercial Real Estate in Canada, 2022 Edition
The NAIOP Research Foundation commissioned this report to examine the economic benefits of commercial construction across four distinct CRE asset classes, namely industrial, retail and entertainment, office, and multifamily housing during 2021. The report also describes the benefits of commercial brokerage, property management and landlord operations.
Read the Report Province and City ReportsRelated Articles
Take a look at more information on the economy.
From the Editor: As the Economy Improves, What’s Next for CRE?
As of this summer, it appears that the Fed may have engineered a soft landing for the U.S. economy.
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Construction Cost Challenges Shift from Materials to Labor
A limited supply of experienced workers pushes wages higher.
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Worth Repeating
Sounds bites from NAIOP’s I.CON East, held June 7-8 in Jersey City, New Jersey.
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Trends and Conversations: What I’m Hearing During Chapter Visits
Since becoming NAIOP’s 2023 chair in January, it’s been my pleasure to visit chapters from Orlando to Milwaukee to Southern California.
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NAIOP Research Directors Discuss an Industry in Transition
At their annual meeting, research directors shared their outlooks for capital markets, office, retail and industrial real estate.
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From the Editor: Uncertainty Clouds Outlook for 2024
The economy is demonstrating resiliency, inflation is easing, and interest rates may hold steady in the coming months.
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