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D.C. Faces $800M Budget Shortfall As Remote Work Leaves Government Buildings Vacant

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By using cellphone data, an independent agency known as the Public Buildings Reform Board (PBRB) revealed that, on average, federal agencies only used 12% of their headquarters space in the nation’s capital last year. will face an $800 million budgetary deficit for the fiscal year 2025. It’s projected that D.C.

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Pittsburgh Office Market Shows Signs of Recovery Four Years After COVID-19

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Despite urgent signs a month ago, the Pittsburgh office market is reported to be showing healthier in the first quarter of 2024. More specifically, in March a report published by the Pittsburgh Post Gazette , revealed that nearly 50% of the office spaces downtown could be sitting empty by 2028. It’s projected that D.C.

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Tech Talent Shortage Threatens U.S. Innovation Despite Record R&D Spending

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Science and Engineering 2024 report. Science and Engineering 2024 report reveals that the STEM workforce comprised “36.8 The report shows that STEM occupations account for nearly a quarter, or 24%, of the U.S. million people in diverse occupations that require STEM knowledge and expertise in 2021.”

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