Industrial Space Demand Forecast
By: Hany Guirguis, Ph.D., Manhattan College and Michael J. Seiler, DBA, William & Mary
Current Forecast: First Quarter 2021 Report
What are the factors impacting industrial demand, and what are the opportunities and challenges that lie ahead for the sector? Join the forecast's authors for a webinar April 12 at 2 p.m. ET to go more in-depth and participate in live Q&A. Free for members*; register now.
The NAIOP Industrial Space Demand Forecast is based on a predictive model that forecasts demand for industrial space at the national level on a quarterly basis for eight consecutive quarters.
It utilizes variables that comprise the entire supply chain and lead the demand for space, including varying measures of employment, GDP, exports and imports, and air, rail and shipping data.
Leading indicators that factor heavily into the model include the Federal Reserve Board’s Index of Manufacturing Output (IMO), the Purchasing Managers Index (PMI) from the Institute for Supply Management (ISM) and net absorption data from CBRE Econometric Advisors.
Download the NAIOP Industrial Demand Model 2011 for a full description of the model and methodology.
The forecast for the U.S. is issued semiannually in February and August. Below are the current and previous Industrial Space Demand Forecasts.
* Research reports are complimentary to all audiences. Webinars are free for members and paid for nonmembers.