CRE Construction in 2016

At close to $25 billion, New York State was first in the country in terms of 2016 commercial property construction expenditures. The industry supported 284,135 jobs in the Empire State, according to NAIOP data.

In the U.S. as a whole, the commercial development and construction industry added $861 billion to the nation’s GDP in 2016, according to The Dallas Morning News.

Chart: NAIOP

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