Economic Impacts of Commercial Real Estate, 2020 U.S. Edition

By: Stephen S. Fuller, Ph.D.

Release Date: February 2020

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, “The Economic Impacts of Commercial Real Estate, 2020 U.S. Edition,” 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.

Commercial real estate development and operation of existing buildings generated the following economic benefits:

Read the press release.

See data by state, including downloadable reports.

Watch the Report Video

Economic Impact of Commercial Real Estate, 2020 U.S. Edition from NAIOP Corporate on Vimeo.