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Is 2023 shaping up to be the 'year of the return to the office'? Not so much

Since office visits remain about 60% of pre-COVID levels, “rumors of the demise of remote work seems to be greatly exaggerated,” says new analysis

By Lynn Pollack | February 13, 2023 at 10:06 AM

Office visits remain about 60% of what they were before the COVID-19 pandemic, according to a new analysis from Placer.ai, which analyzes foot traffic data from 800 office buildings across the U.S.

It’s a continuation of a trend the firm observed in both Q3 ad Q4.  In January, the year-over-three-year (Yo3Y) visit gap, which had narrowed somewhat in December 2022 to 38.3%, pushed back up to 40.2%.

Just three cities – New York, Miami, and Los Angeles — saw overall visit gaps shrink by more than 1% in January compared to Q4 2022. Visits to offices in New York were up last month to just over 70% of pre-pandemic levels, while Miami saw its overall Yo3Y visit gap shrink to 34.8% (down from 37.8% in Q4 2022). But in Washington, D.C., Denver, Dallas, Atlanta, Chicago, Houston, and San Francisco, the Yo3Y visit gap was larger in January than in Q4.

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