As the economy is predicted to enter a mild recession near the third quarter this year, 2023 will be a year of discovery for the U.S. office market, navigating uncharted waters after three years of pandemic-induced market
adjustments.
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Companies are still discovering and advancing breakthrough therapies for the future. But the climate is different, with more careful attention to the investment and deployment of precious capital.
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In this research, our global experts in Workplace Advisory share their insights on how organizations adapt to support post-pandemic work, attract talent back to the office, and the barriers and mitigations to a successful workforce return.
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Demand for bandwidth and data storage has exploded, thrusting these purpose-built facilities into the spotlight as digitalization efforts take center stage and the number of mobile internet connections continues to rise.
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U.S. office vacancy increased at a faster rate in the second half of 2022. Net absorption turned negative in Q4 2022, offsetting the occupancy gains earlier in 2022.
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Robust demand for goods boosted the industrial and retail sectors but further stressed an already fragile supply chain, causing inflation to surge to 9.1% in June, a four-decade high.
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