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Total construction activity for March 2024 ($2,083.9 billion) was 0.2 percent (+/-0.8 percent)* below the revised February 2024 ($2,087.8 billion). ![]()
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March 2024: -0.2* % Change![]()
February 2024 (r): +0.0* % Change
We see a lot of stories about the "exodus" from CA. California’s population grew by nearly 0.2%, or around 67,000, in 2023. How does that growth, and the raw number, compare to WA? Glad you asked the good question! Check out these two charts.
About one in four Texas businesses say AI will either decrease employee requirements or alter the composition of their workforce. About 11% of respondents say the tech will or already has reduced their headcount needs. The biggest hit is expected to come in mid-skill positions.
Consumer confidence has slumped to the lowest since mid-2022 as Americans’ outlook for the economy deteriorated.
Starbucks sales fell for the first time since 2020 as half-off deals and new lavender lattes just weren’t enough to entice increasingly budget-conscious consumers. buff.ly/3xXeMBk
Office employees stayed home slightly more often this past week, causing the peak daily occupancy to fall nearly a point to 60% on Tuesday. Across the Barometer, half of the cities’ peak day was on Tuesday, and the other half was on Wednesday. All cities’ low day was on Friday, with the average at 33%. Austin, Texas saw the highest peak day again at 74% occupancy.![]()
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The weekly average occupancy also came down this past week to 51%, as most cities experienced slight to moderate declines, according to Kastle’s 10-city Back to Work Barometer.
Kastle Systems - Data Assisting in Return to Office Plans
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As companies return to the office, we understand prioritizing employee safety. Identify trends and assist return to office plans with our live data.
Thoughts on the Latest Economic News