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| Patterns of Office Employment Cycles Author: Leon Shilton Start Page: 339 Abstract: Based upon an the
analysis of quarterly office employment and total employment changes from 1975 through
1994, this research concludes that for a majority of the fifty metropolitan areas, office
employment cycles are converging towards seven year cycles. However, many of the patterns
are emerging and for one-third of the cities, the office employment changes are a random
walk. While changes in office employment and total employment are correlated, neither
series lags or leads the other. Office employment grew faster than total employment, but
office employment changes were more volatile. |
