Sharing Facts to Improve Outcomes
This week Theresa Burnett, REBIC board member representing NAIOP, shares these facts and figures:
Combined, commercial, residential institutional and infrastructure development and operations of existing commercial buildings contributed $7.9 trillion to the U.S. economy and supported 40.8 million jobs in 2024. For the full report, visit naiop.org/contributions2025.
National Snapshot
New office, industrial, warehouse and retail space in 2024 generated:
- $384.1 BILLION in personal earnings (wages and salaries).
- $5.3 NILLION American jobs (created and supported).
- 696 MILLION square feet of new space to accommodate 1.6 million jobs.
- $1.1 TRILLION in contributions to the U.S. economy (GDP).
- $10.5 BILLION wages and salaries generated.
View archived blog posts at: http://naiopcharlotte.wordpress.com