MorgueFile - veomit
MorgueFile - veomit
Growth in office-using service jobs is favoring U.S. tech hubs, business-friendly cities and fast-growing metro areas, with Dallas and Houston placing in the top five U.S. cities, the world’s largest commercial real estate services and investment firm said in a recent report.
This year is expected to be another for office-using employment growth, along with higher office occupancy and rents, CBRE Group, a Los Angeles-based Fortune 500 and S&P 500 company, said in its "Office Jobs in 2020: Markets to Watch" report issued Jan. 9.
"U.S. economic growth has been enhanced by the health and optimism of consumers, buoyed by a record-high stock market, rising home values and stronger average wage growth," the report said. "Consumers drive about two-thirds of economic activity in the U.S., generally offsetting any reduction in business confidence from global trade tensions and geopolitical concerns."
Nos. 3 and Dallas and Houston placed behind No. 1 San Francisco and No. 2 Seattle and ahead of No. 5 Charlotte, N.C., as the top U.S. markets for office-using services job growth last year and expected this year, according to the report.
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