Thursday, January 2, 2014

Legendary Office Construction Booms of the Past 20 Years


Click to enlarge.



Source Data:
St. Louis Fed: Custom Chart

6 comments:

Luke Smith said...

Houston seems to be an exception to the trend. Residential and commercial (including office) construction is booming. It seems to have been going especially strong since the end of 2012. Maybe everybody should drill for oil.

Stagflationary Mark said...

Luke Smith,

Houston, we have a problem.

And when I say we, I really mean the millions of college students around the country who may be expecting office employment to grow like it once did. Sigh.

Rob Dawg said...

Obviously people can afford commercial property just using their increasing disposable income.

Stagflationary Mark said...

Office of the Future

What it lacks in square footage, it makes up for in frugal mobility, lol. Sigh.

mab said...

Speaking of the "Office of the Future":

http://www.youtube.com/watch?v=009tNfQRd4o

Low overhead is key, especially for companies that are forced to cut corners.

Some might argue that our race to the bottom economy eventually forces us all to cut corners?

Don't be last!

Stagflationary Mark said...

mab,

The overhead is low.

Nice, lol. Sigh.

I think cubical bunkbeds might free up some space. Is there really ever any need for employees with pagers to actually go home. Robots work 24/7. People can too!