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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

 

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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.

 

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