Image: Farbman Group
They say all work and no play makes Jack the US a dull boy… but according to new data, things seem to be changing.
In America’s ten largest cities, office occupancy rates are less than half of what they were pre-Covid (44%), per a new report from business key card firm Kastle. Not a huge surprise. But here’s where things get interesting: office occupancy rates have now stayed at roughly the same level for several months in a row – but downtown neighborhoods are buzzing with social activity.
🏙 The bottom line: When asked to identify the most important features of a great business district by Gensler, a research firm, city dwellers’ top three results were consistent across all generations and 15 cities: restaurants, outdoor space, and public transit options. Shopping, theaters, and “culture” (aka museums and art galleries) were next on the list… and ranking last?
Access to workplaces and office buildings.
💰👶 ... but raising them sure isn’t. Per a newly published report that’ll make you rethink getting annoyed at mom or dad over the thermostat or lights, it now costs ~$310k to raise a child to age 17.
🤖💬 Since a federal law went into effect last June requiring all carriers to combat robocalls with anti-spam technology, such calls have fallen from 2.1 billion to 1.1 billion. But the number of robo*texts* has increased twelvefold over that same period, to a whopping 12 billion per month.
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