State and Province Economic Impact Data

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.

An annual NAIOP Research Foundation study measures the valuable contribution to GDP, salaries and wages generated and jobs supported from the development and operations of commercial real estate.

Commercial real estate plays a significant role in the Canadian economy, creating valuable jobs and producing billions in revenue across provinces.

A report developed by the Altus Group Economic Consulting and published by the NAIOP Research Foundation quantifies the economic impact of commercial real estate investment in Canada, with a specific focus on estimating the impact tied to investment in the country’s largest Census Metropolitan Areas.