February 4, 2021

The NAIOP Research Foundation has published its annual Economic Impacts of Commercial Real Estate, 2021 U.S. Edition.

Commercial real estate development and operation of existing buildings generated the following economic benefits in 2020:

• Supported 8.0 million American jobs (a measure of both new and existing jobs).
• Contributed $1.01 trillion to U.S. GDP.
• Generated $338.1 billion in salaries and wages.

Economic Impact of Commercial Real Estate, 2021 U.S. Edition from NAIOP Corporate on Vimeo.