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Article: Use of employment data to estimate office space demand.
- Article from:
- Monthly Labor Review
- Article date:
- December 1, 1984
- Author:
CopyrightCOPYRIGHT 1984 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Changes in employment data are fundamental to regional economic analysis and urban planning. Typically, regional population and employment are assumed to reflect the state of a region's economy. This is a basic assumption underlying this technical note, which seeks to show how employment data can be used to estimate the demand for office space in a subnational area, such as a Standard Metropolitan Statistical Area.
This article reports on the author's recent study of the demand for office space and office employment. On the basis of this study, we conclude that our methodology provides realistic projections of commercial office space demand in a SMSA and ...