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Category: 5 December 2023

Home 5 December 2023
Floating American Flag In Front Of An Office Building
Post

TOP TREND 2023, OFFICE BUILDING BUST: FEDERAL OFFICES MOSTLY EMPTY

The federal government spends roughly $2 billion annually to operate office spaces it owns, and $5 billion more to lease others, but up to three-quarters of that square footage is probably empty on a given day, according to a three-week study of 24 federal agencies earlier this year by the Government Accounting Office.