High-Technology Industry U.S. Office Outlook l Jones Lang LaSalle
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About this report
High-tech economics
High-tech growth cycle
Office market
Scorecard rankings

KEY FINDINGS 


  • High-tech industry is a bright spot in an otherwise gray economic picture.

  • High-tech jobs have grown nearly four times faster than overall economy during the past 18 months.

  • High-tech services, which excludes manufacturing components of this industry and has the greatest direct impact on office space demand, is growing even faster.
  • San Francisco (+16.1 percent),Silicon Valley (+10.6 percent), and Baltimore (+9.0 percent) are experiencing the strongest high-tech services job growth.

  • Philadelphia (-2.7 percent), Los Angeles (-1.1 percent), and Denver (-0.9 percent) are experiencing the weakest high-tech services job growth.
  • Services jobs vs. manufacturing jobs
  • Services jobs vs. office-using jobs
Services jobs vs. manufacturing jobs graph
Services jobs vs. office-using jobs graph

HIGH-TECH INDUSTRY ECONOMIC CYCLE CLOCK

 

TOTAL HIGH-TECH EMPLOYMENT 3.6M (JUNE 2011)

  

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 Colin

Colin Yasukochi
Vice President, Research Director Northwest Markets
+1 415 395 7265
colin.yasukochi@am.jll.com
 
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