2021 Economic Review & 2022 Outlook - Office Construction

Non-Residential
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Vacancy rates throughout the United States have increased by an average of 12.4% in the third quarter according to the Statista Research Department. They reported, "The vacancy rates across all categories are expected to remain at around 15 percent until employment fully returns to pre-coronavirus levels. The COVID-19 pandemic has changed the way that companies operate, and working from home has become the new normal for many employees in the United States."