$610 Billion Economic Impact from Commercial Building Operations in the US, Says BOMA
Commercial building operations contributed $610 billion to the U.S. economy last year through direct and indirect spending, according to a report by researchers at the University of Colorado Boulder on behalf of the Building Owners and Managers Association International (BOMA). The study highlights that operating expenditures totaled $275 billion in 2025, generating an additional $195 billion from supply chains and $140 billion through household spending. These operations supported approximately 2.4 million jobs across various sectors including maintenance, utilities, insurance, and security. The report emphasizes the significant role of commercial real estate as economic engines in major metropolitan areas such as New York City, Los Angeles, Boston, Washington D.C., and suburban Chicago. The New York metro area alone contributed $48 billion to its economy from these operations, supporting 262,800 jobs. BOMA's analysis covers 79 markets across the U.S., showing that even mid-sized cities like Atlanta generated over $17 billion in economic output.
Topics: building operations commercial real estate economic impact employment